Atlantic Sun Schools – NIL & Revenue Sharing – NIL & NCAA Revenue Sharing by School& NIL

Atlantic Sun Conference Schools 2026-27	Basketball Conference	Football Conference	Athletic Budget ($)

Bellarmine	ASUN	-	17,466,295
Florida Gulf Coast	ASUN	-	20,174,079
Jacksonville	ASUN	-	21,156,393
Lipscomb	ASUN	-	25,395,470
North Florida	ASUN	-	18,439,060
Queens University	ASUN	-	25,354,825
Stetson	ASUN	Pioneer	25,375,464
West Florida	ASUN	United	16,010,052

Total Members	8

Estimated NCAA Revenue Sharing 2026-27: Atlantic Sun Conference Schools

Based on estimated average operating revenue of around $ 3 million per school, revenue sharing using the 22% NCAA benchmark results in an average of about $ 650,000 per school. Revenue sharing is optional, schools may pay any amount as long as total payments do not exceed $ 21.3 million, and schools can also opt out of revenue sharing entirely. Revenue sharing does not include any third-party NIL athlete compensation.

EADA Operating Expenses: Atlantic Sun Conference Schools 2022-25

Per EADA (aka Title IX) reporting, average 2025 athletic department operating costs were $ 21 million for ASUN schools, a 26% increase in expenses over a 3-year span:

Athletic Department Expenses 2022-25 *	FY 2025 ($)	FY 2024 ($)	FY 2023 ($)	FY 2022 ($)	3-Year % Increase

Bellarmine	17,466,295	15,091,383	14,268,191	12,818,800	36%
Florida Gulf Coast	20,174,079	19,524,403	18,011,101	16,309,477	24%
Jacksonville	21,156,393	29,566,966	27,333,575	17,894,541	18%
Lipscomb	25,395,470	24,691,061	23,536,274	21,741,402	17%
North Florida	18,439,060	17,324,591	14,803,998	14,450,562	28%
Queens University	25,354,825	26,372,595	21,479,746	17,776,727	43%
Stetson	25,375,464	24,996,531	24,128,723	22,231,102	14%
West Florida	16,010,052	13,028,397	11,494,056	11,017,365	45%
Average per School ($)	21,171,455	21,324,491	19,381,958	16,779,997	26%

* Expenses per Equity in Athletics Act (EADA) annual reporting. EADA differs from NCAA reporting with the primary difference being that EADA reporting does not require disclosure of payments made for athletic facilities debt service and leases. Consequently, EADA reporting typically results in lower annual expenses than NCAA reporting at most schools. See our methodology page for more detail and disclosures.

We didn’t just make this stuff up … see our page on methodology and sources of information. Questions on our data? Contact us at: NIL-NCAA.com Statistics compiled & edited by Patrick O’Rourke CPA, Washington, DC