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Of course it is...
NCAA Reports $1.1 Billion in Revenues
The NCAA reported a revenue of $1.1 billion for the 2017 fiscal year after releasing their annual audited financial statement.
Mar 7, 2018
HOW IT'S DISTRIBUTED
$216.6M
Sport Sponsorship and Scholarship Funds
Distributed to Division I schools to help fund NCAA sports and provide scholarships for college athletes.
$164.7M
Division I Basketball Performance Fund
Distributed to Division I conferences and independent schools based on their performance in the men’s basketball tournament over a six-year rolling period. The money is used to fund NCAA sports and provide scholarships for college athletes.
$103.4M
Division I Championships
Provides college athletes the opportunity to compete for a championship and includes support for team travel, food and lodging.
$84.5M
Student Assistance Fund
Distributed to Division I student-athletes for essential needs that arise during their time in college.
$74.4M
Student-Athlete Services and Championship Support
Includes funding for catastrophic injury insurance, drug testing, student-athlete leadership programs, postgraduate scholarships and additional Association-wide championships support.
$52M
Division I Equal Conference Fund
Distributed equally among Division I basketball-playing conferences that meet athletic and academic standards to play in the men's basketball tournament. The money is used to fund NCAA sports and provide scholarships for college athletes.
$48M
Academic Enhancement Fund
Distributed to Division I schools to assist with academic programs and services.
$41.8M
Division II Allocation
Funds championships, grants and other initiatives for Division II college athletes.
$41.4M
Membership Support Services
Covers costs related to NCAA governance committees and the annual NCAA Convention.
$32.3M
Division III Allocation
Funds championships, grants and other initiatives for Division III college athletes.
$9.7M
Division I Conference Grants
Distributed to Division I conferences for programs that enhance officiating, compliance, minority opportunities and more.
$3.4M
Educational Programs
Supports varous educational services for members to help prepare student-athletes for life, including the Women Coaches Academy, the Emerging Leaders Seminars and the Pathway Program.
$88.3M
Other Association-Wide Expenses
Includes support for Association-wide legal services, communications and business insurance.
$43.4M
General and Administrative Expenses
Funds the day-to-day operations of the NCAA national office, including administrative and financial services, information technology and facilities management.
Academic Distribution
Beginning in 2019-20, a portion of NCAA revenue will be distributed to Division I schools based on their student-athletes’ academic performance.
The distributions listed are recurring, and the information does not include any one-time distributions.
More on NCAA finances.
*Figures are from the 2017-2018 fiscal year and are unaudited. The distributions listed are recurring, and the information does not include any one-time distributions.