Southwestern Athletic
Conference Schools 2026 Football
ConferenceBasketball
ConferenceAthletic
Budget ($)
Alabama A & M SWAC SWAC 13,021,239
Alabama State SWAC SWAC 17,902,056
Alcorn State SWAC SWAC 10,509,725
Arkansas - Pine Bluff SWAC SWAC 9,302,196
Bethune-Cookman SWAC SWAC 15,063,919
Florida A&M SWAC SWAC 14,473,075
Grambling SWAC SWAC 14,809,144
Jackson State SWAC SWAC 12,379,364
Mississippi Valley State SWAC SWAC 5,281,853
Prairie View A & M SWAC SWAC 15,374,541
Southern SWAC SWAC 13,063,612
Texas Southern SWAC SWAC 12,453,738
Total Teams 12 12
Estimated NCAA Revenue Sharing 2026-27: Southwestern Athletic 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: Southwestern Athletic Conference Schools 2022-25
Per EADA (aka Title IX) reporting, average 2025 athletic department operating costs were about $ 13 million for SWAC schools, a 20% increase in expenses over a 3-year span:
Athletic Department
Annual Expenses *Football
ConferenceBasketball
ConferenceFY 2025 ($) FY 2024 ($) FY 2023 ($) FY 2022 ($) 3-year %
Increase
Alabama A & M SWAC SWAC 13,021,239 12,639,752 11,320,919 10,944,813 19%
Alabama State SWAC SWAC 17,902,056 14,050,365 14,444,678 12,029,739 49%
Alcorn State SWAC SWAC 10,509,725 7,695,116 6,924,619 6,159,502 71%
Arkansas - Pine Bluff SWAC SWAC 9,302,196 9,236,849 8,954,338 8,498,420 9%
Bethune-Cookman SWAC SWAC 15,063,919 13,657,290 13,636,502 11,240,265 34%
Florida A&M SWAC SWAC 14,473,075 12,122,966 13,112,757 11,897,185 22%
Grambling SWAC SWAC 14,809,144 14,014,943 12,689,321 11,899,236 24%
Jackson State SWAC SWAC 12,379,364 11,948,835 9,967,698 10,993,335 13%
Mississippi Valley State SWAC SWAC 5,281,853 5,346,725 4,793,446 4,040,915 31%
Prairie View A & M SWAC SWAC 15,374,541 15,374,541 14,818,343 14,818,343 4%
Southern SWAC SWAC 13,063,612 13,026,700 13,435,629 11,736,621 11%
Texas Southern SWAC SWAC 12,453,738 11,075,651 12,832,306 13,362,715 -7%
Average ($) 12 12 12,802,872 11,682,478 11,410,880 10,635,091 20%
* 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 