Ohio Valley Conference Schools – NIL & NCAA Revenue Sharing – NIL & NCAA Revenue Sharing by School& NIL

Ohio Valley Conference Schools 2026-27	Football Conference	Basketball Conference	Athletic Budget ($)

Charleston Southern	OVC	Big South	14,999,113
Eastern Illinois	OVC	OVC	19,716,079
Gardner-Webb	OVC	Big South	17,654,126
Lindenwood	OVC	OVC	21,376,019
Morehead State	Pioneer	OVC	11,260,314
SIU Edwardsville	-	OVC	12,211,970
Southeast Missouri State	OVC	OVC	16,185,749
Southern Indiana	-	OVC	11,404,994
Tennessee State	OVC	OVC	18,622,127
UT Martin	OVC	OVC	15,610,419
Western Illinois	OVC	OVC	14,762,669



Total Members	8	9

Estimated NCAA Revenue Sharing 2026-27: Ohio Valley Conference Schools

Based on average operating revenue of around $ 3.5 million per school, estimated revenue sharing using the 22% NCAA benchmark results in an average of about $ 750,000 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: OVC Football Schools 2022-25

Per EADA (aka Title IX) reporting, average 2025 athletic department operating costs were $ 17 million for OVC football schools, a 20% increase in expenses over a 3-year span:

Athletic Department Annual Expenses *	Football Conference	Basketball Conference	FY 2025 ($)	FY 2024 ($)	FY 2023 ($)	FY 2022 ($)	3-year % Increase

Charleston Southern	OVC	Big South	14,999,113	14,027,849	13,327,550	13,265,320	13%
Eastern Illinois	OVC	OVC	19,716,079	19,027,915	13,853,180	14,189,553	39%
Gardner-Webb	OVC	Big South	17,654,126	14,245,572	13,954,647	18,034,155	-2%
Lindenwood	OVC	OVC	21,376,019	22,466,359	19,951,519	15,835,538	35%
Southeast Missouri State	OVC	OVC	16,185,749	15,758,389	15,072,513	12,259,063	32%
Tennessee State	OVC	OVC	18,622,127	20,340,661	18,552,022	15,883,558	17%
UT Martin	OVC	OVC	15,610,419	15,320,815	15,151,104	14,674,750	6%
Western Illinois	OVC	OVC	14,762,669	13,827,702	8,185,022	11,679,844	26%

Average ($)	8		17,365,788	16,876,908	14,755,945	14,477,723	20%

EADA Operating Expenses: OVC Basketball Schools 2022-25

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

Eastern Illinois	OVC	OVC	19,716,079	19,027,915	13,853,180	14,189,553	39%
Lindenwood	OVC	OVC	21,376,019	22,466,359	19,951,519	15,835,538	35%
Morehead State	OVC	Pioneer	11,260,314	12,893,166	9,349,505	8,926,259	26%
SIU Edwardsville	OVC	-	12,211,970	11,235,104	11,671,113	11,352,534	8%
Southeast Missouri State	OVC	OVC	16,185,749	15,758,389	15,072,513	12,259,063	32%
Southern Indiana	OVC	-	11,404,994	10,433,733	7,857,298	7,665,898	49%
Tennessee State	OVC	OVC	18,622,127	20,340,661	18,552,022	15,883,558	17%
UT Martin	OVC	OVC	15,610,419	15,320,815	15,151,104	14,674,750	6%
Western Illinois	OVC	OVC	14,762,669	13,827,702	8,185,022	11,679,844	26%
Average per School ($)	9		15,683,371	15,700,427	13,293,697	12,496,333	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