Pioneer Football League – NIL & NCAA Revenue Sharing – NIL & NCAA Revenue Sharing by School& NIL

Pioneer Football League Member Schools 2026-27	Football Conference	Basketball Conference	Athletic Budget ($)

Butler	Pioneer	Big East	36,379,181
Davidson	Pioneer	Atlantic 10	25,443,886
Dayton	Pioneer	Atlantic 10	43,653,540
Drake	Pioneer	Missouri Valley	21,320,822
Marist	Pioneer	Metro Atlantic	23,818,446
Morehead State	Pioneer	Ohio Valley	11,260,314
Presbyterian	Pioneer	Big South	14,157,255
San Diego	Pioneer	West Coast	37,050,500
St Thomas	Pioneer	Summit League	28,936,150
Stetson	Pioneer	ASUN	25,375,464
Valparaiso	Pioneer	Missouri Valley	16,432,801

Total Members	11

Estimated NCAA Revenue Sharing 2026-27: Pioneer Football League Schools

Based on estimated average operating revenue of around $ 7 million per school, revenue sharing using the 22% NCAA benchmark results in an average of about $ 1.5 million 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: Pioneer Football League Schools 2022-25

Per EADA (aka Title IX) reporting, average 2025 athletic department operating costs were $ 26 million for PFL schools, a 27% 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

Butler	Pioneer	Big East	36,379,181	34,050,834	31,474,736	30,540,635	19%
Davidson	Pioneer	Atlantic 10	25,443,886	21,575,464	21,612,891	20,086,092	27%
Dayton	Pioneer	Atlantic 10	43,653,540	43,705,495	40,104,753	34,043,542	28%
Drake	Pioneer	Missouri Valley	21,320,822	21,791,106	19,927,305	18,731,990	14%
Marist	Pioneer	Metro Atlantic	23,818,446	22,301,262	21,541,298	19,211,495	24%
Morehead State	Pioneer	Ohio Valley	11,260,314	12,893,166	9,349,505	8,926,259	26%
Presbyterian	Pioneer	Big South	14,157,255	13,975,515	12,175,117	11,391,677	24%
San Diego	Pioneer	West Coast	37,050,500	32,342,967	34,031,237	27,454,065	35%
St Thomas	Pioneer	Summit League	28,936,150	25,339,821	22,370,292	17,812,586	62%
Stetson	Pioneer	ASUN	25,375,464	24,996,531	24,128,723	22,231,102	14%
Valparaiso	Pioneer	Missouri Valley	16,432,801	16,335,955	15,903,955	13,605,002	21%

Average ($)	11		25,802,578	24,482,556	22,965,437	20,366,768	27%

* 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