Virginia generated $92,865,175 in revenue for the 2016-17 academic year, according to a yearly USA Today NCAA finance report that was released on Thursday. That contrasts to the $100,325,517 in spending from the UVa athletic department over the same period of time.
The revenue ranks No. 39 among Division I public schools. The Cavaliers’ spending was the 32nd most in the NCAA, according to the report.
The report indicates that Virginia brought in $12,339,296 through ticket sales, which is around $2.3 million fewer than it brought in the year before ($14,612,987).
It also indicates that Virginia collected $26,127,871 in contributions, which is around $5.4 million fewer than it collected in contributions the year before ($31,556,907). Since 2010, UVa has had only one year in which in raised fewer dollars through contributions ($25,125,724 in 2014). The school raised $31,556,907 in 2015-16.
Virginia’s total revenue was more than $10 million fewer than it brought in during the 2015-16 season ($103,272,319).
The Cavaliers’ athletic department has seen about a $40 million increase in revenue from the 2005-06 season ($52,898,726). That growth is due to increases in contributions, rights/licensing and student fees.
Virginia’s main rival, Virginia Tech, brought in $87,427,526 in revenue in 2016-17, while spending $90,716,423. Tech’s revenue ranked 44th among Division I public schools. The Hokies’ program brought in more than $17 million in ticket sales, which is just about $5 million more than Virginia.
Clemson, Florida State and Louisville all brought in more than $25 million through ticket sales. Among ACC schools listed, only Georgia Tech brought in fewer dollars through ticket sales ($11,756,425) than UVa in 2016-17.
It’s also worth noting that Virginia garnered nearly $14 million through student fees, which was most among ACC schools listed.
All these numbers are reflective of Virginia’s athletic department before Carla Williams was named athletic director in late 2017.