NCAA Revenue Sharing & NIL Collectives – American Conference Schools


Conference Members FootballAll Other Sports
Alabama at BirminghamAmericanAmerican
East Carolina AmericanAmerican
Florida Atlantic AmericanAmerican
MemphisAmericanAmerican
North TexasAmericanAmerican
Rice AmericanAmerican
South FloridaAmericanAmerican
Temple AmericanAmerican
Texas at San AntonioAmericanAmerican
Tulane AmericanAmerican
TulsaAmericanAmerican
UNC CharlotteAmericanAmerican
Wichita State -American
Army (Football)AmericanPatriot
Navy (Football)AmericanPatriot
Total Members1413

 

Estimated NCAA Revenue Sharing 2025-26: American Conference Schools

Based on average operating revenue of around $ 18 million per school (see table below), estimated revenue sharing using the 22% NCAA benchmark results in an average commitment of about $ 3.9 million per school:

Estimated Revenue Sharing 2025-26
American Conference Schools
Revenue
Share %
Team / Sport
Allocation ($)
Eligible
Athletes
Average per
Athlete ($)
Football68%2,694,59110525,663
Men's Basketball15%565,9691537,731
All Other Sports17%692,4543002,308
Average per School100.0%$ 3,953,014420$ 9,412

Football and Men’s basketball account for the bulk of team specific revenues at most FBS Group of 6 schools, and athletes on these two teams will be the major beneficiaries of revenue sharing. These are averages per athlete, a few players per team will likely receive substantially higher, while many will receive much less. Schools may pay more or less than the 22% NCAA benchmark, and can also opt out of revenue sharing entirely. Estimates are based on team specific revenues as reported to the NCAA.

2024 Operating Results: American Conference Schools

Per 2024 NCAA reporting, American Conference athletic departments averaged a net operating loss of $ 43 million per school, ranging from a low of $ 24 million to a high of $ 74 million:

Annual Operating Results
American Conference Schools ($)
Average per
School 2024
Low RangeHigh Range
Operating Revenue (see below)17,968,24511,280,74329,150,176
Operating Expenses (see below)61,347,18742,655,845101,933,843
Net Operating Loss - 43,378,942- 24,687,600- 74,575,667
Booster Contributions8,815,1282,250,06315,911,230
School Support & Student Fees
36,312,51925,850,04363,661,871
Net Surplus (Deficit) 1,748,705- 568,9486,000,793

Average athletics operating revenue for American Conference schools was $ 18 million in 2024, ranging from a low of $ 11 million to a high of $ 29 million. Average athletic department contributions per school was $ 9 million, ranging from a low of $ 2 million to a high of $ 15 million:

Annual Revenue & Support
American Conference Schools ($)
Average per
School 2024
Low RangeHigh Range
Ticket Sales3,571,1701,560,9556,523,182
Media & Conference Income5,810,0293,040,8009,429,419
Bowl Game Distributions195,847-979,235
NCAA Distributions1,424,920937,2101,643,874
Game Day & Event Revenue669,242292,0061,487,688
Licensing & Sponsorships3,014,2291,310,8575,146,921
Game Guarantees1,381,7703,5002,748,000
Other Operating Income1,901,038516,8234,607,494
Total Operating Revenue 17,968,245 11,280,743 29,150,176
Athletic Dept Contributions8,815,1282,250,06315,911,230
School Support21,556,8347,847,50446,342,346
Student Fees14,755,6857,190,11726,088,690
Total Revenue & Support63,095,89243,271,595103,549,435

Average athletic department operating expenses for American Conference schools was $ 61 million in 2024, ranging from a low of $ 42 million to a high of $ 102 million:

Annual Operating Expenses
American Conference Schools
Average per
School 2024
Low RangeHigh Range
Salaries - Coaching Staff 10,878,943 9,348,128 15,867,831
Salaries - Admin & Support 9,250,906 6,591,985 11,587,038
Severance Payments 1,241,328 - 4,911,139
Student Athlete Financial Aid 7,973,765 3,813,919 12,731,240
Recruiting 1,386,346 780,218 2,778,325
Team Travel 5,469,352 4,249,669 8,818,796
Game Guarantees 1,092,249 560,132 2,130,902
Equipment & Uniforms 2,566,451 1,406,107 4,730,886
Game Day & Event Expenses 2,712,783 1,390,346 4,560,595
Fundraising & Marketing 529,481 134,123 916,452
Athletic Facilities payments 5,959,127 2,460,209 12,435,457
Medical expenses & insurance 871,554 166,049 1,365,316
Student Athlete Meals 1,833,723 1,000,652 3,187,541
Football Bowl Expenses 203,890 - 1,019,448
Overhead & Administration 7,198,749 5,392,713 12,489,308
Other Operating Expenses 2,178,540 1,688,120 4,854,186
Total Operating Expenses $ 61,347,187 $ 42,655,845 $ 101,933,843

With revenue sharing adding close to $ 30 million in additional costs this year at most power conference members, schools are aggressively marketing to boosters for increased contributions to help cover these costs. However, revenue sharing will also likely result in increased parity between Power Conference schools along with potentially, a lot of unhappy boosters. Additionally, revenue sharing may result in booster fatigue at many schools. At almost all schools, revenue sharing will likely require the infusion of either additional school support and/or increased student fees.

Listing of American Conference NIL Collectives  by School:

SchoolCollective(s)
Alabama BirminghamThe Southside SolutionForged in Fire Fund
East Carolina Team Boneyard
Florida Atlantic Paradise CollectiveOwl Collective
Memphis901 FundBluff City NIL
North TexasLight The Tower
Rice
South FloridaFowler Avenue
Southern Methodist Pony Sports DTXBoulevard Collective
Temple TUFF Fund
Texas at San Antonio210 InspiredCity Fans 210Runners Rising
Tulane FTW Collective Group
TulsaHurricane Impact
UNC CharlotteGoldmine AllianceQueen City Collective 
Wichita State Armchair StrategiesLady Shocks Squad 

Questions on our data? Contact us at: NIL-NCAA.com

Statistics compiled & edited by Patrick O’Rourke, CPA Washington, DC