Helena Frye
The UConn women's basketball team has won 11 national championships and is the only Division I institution to win both the NCAA Division I men's and women's basketball championships in the same season. The team's success has brought in revenue, with ticket sales exceeding $2 million in the past four seasons. In the 2022-23 fiscal year, UConn Athletics received $30.2 million in institutional support, a decrease from the previous year due to increased ticket sales and fundraising revenues. UConn Athletics self-generated nearly 60% of its revenues in FY23, with a total revenue of $8,519,682 for the women's basketball program, breaking even with the same amount in expenses. While the program did not make a profit, it also did not operate at a loss, which is a positive outcome compared to some other college sports programs.
| Characteristics | Values |
|---|---|
| Number of players | 37 |
| Number of head coaches | 1 |
| Number of assistant coaches | 3 |
| Expenses | $8,519,682 |
| Revenue | $8,519,682 |
| Profit | $0 |
| Academic progress rate | 989 |
| Number of national championships won | 11 |
| Total donors | 7,257 |
| Total gift commitment | $27.9 million |
| Statewide economic output | $150 million |
| Number of jobs generated | 725 |
| Income generated | $64.1 million |
| Ticket sales revenue | $2.4 million |
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What You'll Learn
UConn women's basketball ticket sales
Ticket sales are a key component of the finances of the UConn women's basketball team, which has won a record 11 national championships. While specific figures for ticket sales are not available, we can look at the overall revenue and expenses of the team to understand their financial situation.
For the 2022-23 season, the women's basketball program at UConn paid out $8,519,682 in expenses and made the same amount in total revenue. This means that the program broke even and did not operate at a loss, which is a positive outcome.
UConn Athletics relies on a combination of self-generated revenues and university investment to support its sports programs. Television-generated revenue is a significant source of income, with UConn receiving approximately $4 million from media partners. As the university moves towards fiscal independence for its athletics programs, fan support and ticket sales will become even more critical.
UConn women's basketball has a strong following, and season ticket sales are an important part of their revenue stream. The team plays in the XL Center, and renovations have been made to enhance the experience for season ticket holders, including upgraded seats with cushioning and handrails in the aisles. UConn also offers premium seating options with increased seat width, cushioned seats, and cup holders.
The success of the women's basketball program, along with other UConn athletics teams, brings attention and support to the university. With a focus on both athletic and academic excellence, UConn student-athletes serve as ambassadors for the student body. As the college athletics landscape continues to evolve, including the introduction of revenue sharing with student-athletes, the financial dynamics of the women's basketball program may also undergo changes in the future.
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UConn women's basketball expenses
The UConn women's basketball team has incurred significant expenses, with the program's financial performance attracting attention. In the 2023-24 season, the team's expenses totalled $12.54 million, an increase from the previous year's $10.5 million. This rise coincided with a jump in ticket sales, with the team generating over $3 million in ticket revenue, setting an NCAA record for a women's basketball program.
The expenses of the women's basketball team at UConn are influenced by various factors. One significant contributor is the salary of the head coach, Geno Auriemma, who earned $3.2 million in FY2024, making him the second-highest-paid head coach in the department. The team's assistant coaches also receive substantial compensation, with the average salary for assistant coaches of women's teams across all sports at UConn being $96,270.
Game-day expenses for the women's basketball team are also notable, with costs for officials, security, and event staff (excluding travel) reaching approximately $600,000 in FY2024. Recruiting expenses for the team have increased significantly, with a 72% boost in spending totalling $888,623 in FY2024. Additionally, the team's meals and snacks are another expense, with $95,420 allocated for non-travel meal allowances in FY2024.
The UConn women's basketball program has experienced fluctuations in its financial performance, with a reported loss of $4.6 million in FY2024 and a greater loss of $6 million in FY2023. However, it's important to note that the program's revenue has also increased over time, with total revenue reaching $4.4 million in FY2023 and contributing to the overall athletics revenue at UConn.
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UConn women's basketball revenue
The UConn women's basketball team has been highly successful, winning a record 11 national championships. The team has also consistently generated significant revenue for the university.
In terms of ticketing revenue, the UConn women's basketball team has been a top performer, bringing in over $2 million in ticket sales in each of the past four seasons with fan attendance. In the 2021-22 season, the team's ticketing revenue was $2.4 million, more than double that of the UConn football team. This makes UConn an outlier, as it is the only school where the women's basketball team outperforms the football team in ticket sales.
UConn women's basketball has also benefited from television-generated revenue, with the university receiving approximately $4 million from media partners. This revenue stream is crucial in allowing UConn to compete for national championships and support its various athletic programs.
According to the most recent financial data, the UConn women's basketball program paid out $8,519,682 in expenses while generating the same amount in total revenue. While this means the program broke even, it is still a positive outcome as many college sports programs operate at a loss.
In comparison to other UConn athletic programs, the women's basketball team has consistently been one of the top revenue generators, along with the men's basketball and football teams. UConn athletics as a whole collected $93,242,794 in revenue and paid out $92,529,757 in expenses, resulting in a net profit of $713,037.
In summary, the UConn women's basketball team has consistently brought in substantial revenue for the university, contributing to the overall financial success of the UConn athletic department.
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UConn women's basketball coaching salaries
The UConn women's basketball team has been extremely successful, winning a record 11 national championships. The team's head coach, Geno Auriemma, is a legend in the sport, with over 1,250 career wins and 40 years of experience at UConn. In recognition of his achievements, Auriemma signed a five-year contract extension in 2024, which will see him earn a total of $18.7 million through April 2029.
For the 2024-25 season, Auriemma's base salary is $400,000, with additional compensation for speaking, consulting, and media obligations, bringing his total earnings for that season to $2.94 million. This amount increases by $200,000 each year, meaning that for the 2025-26 season, he will earn a base salary of $400,000 plus $3.14 million in additional compensation, for a total of $3.54 million. This salary places him as the second-highest-paid women's basketball coach, behind only South Carolina's Dawn Staley.
In addition to his base salary and performance-based incentives, Auriemma also earns bonuses. For the 2023-24 season, he earned $737,500 in bonuses, including $300,000 for winning the national championship. With these bonuses, his total earnings for the 2023-24 season amounted to $4,077,500.
While the exact salaries of the assistant coaches of the women's basketball team are not publicly available, it is known that the assistant coaches for women's teams at UConn make an average of $96,270 per year. The women's basketball team has three assistant coaches, meaning their total salary expense is likely to be around $288,810.
The women's basketball program at UConn has been financially stable, with the program breaking even in recent years. For the 2023-24 season, the program paid out $8,519,682 in expenses and made the same amount in total revenue. While this means the program did not turn a profit, it also did not operate at a loss, which is a positive outcome compared to some other college sports programs.
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UConn women's basketball TV revenue
The UConn women's basketball team has been the most successful program in the country over the last 30 years, winning a record 11 national championships. The team has generated significant revenue for the university, with ticket sales exceeding $2 million in each of the past four seasons where fans were permitted to attend. This exceptional performance has made UConn women's basketball the only program to surpass $1.5 million in ticket sales annually during this period.
In addition to ticket sales, television and media deals also contribute significantly to the financial success of the women's basketball team. UConn's athletics department generates substantial revenue from media partners, estimated at approximately $4 million. This media revenue is crucial in enabling the university to compete at the highest level across multiple sports, including both men's and women's basketball.
While the exact breakdown of media revenue allocation is not publicly available, it is safe to assume that the women's basketball team, given its prominence and success, attracts a significant portion of this income. The team's consistent excellence, including back-to-back titles in 2009-2010 and an impressive four consecutive championships from 2013 to 2016, has undoubtedly contributed to the value of these media rights.
However, it is worth noting that UConn's media revenue lags behind that of Power 5 media contracts, which can range from $30 to $65 million. This disparity highlights the potential for even greater financial gains in the future. The introduction of revenue units for the NCAA Women's Basketball Tournament is a positive step toward addressing inequities and further enhancing the financial prospects for the women's basketball team.
In conclusion, the UConn women's basketball team's remarkable achievements on the court have translated into substantial financial gains, with ticket sales and television revenue contributing significantly to the program's success. As the team continues to excel and women's basketball gains popularity, we can expect UConn to further capitalize on these successes and solidify its position as a leading force in women's collegiate athletics.
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Frequently asked questions
Yes, the UConn women's basketball team turned a profit in 2023. The program paid out $8,519,682 in expenses and made the same amount in total revenue.
The UConn women's basketball team has made a profit through ticket sales, donations, and university support. The team has eclipsed $2 million in ticket sales in each of the past four seasons. The UConn Athletics department also received $30.2 million in institutional support in the 2022-23 fiscal year.
The exact profit amount is unclear, but the UConn women's basketball team has contributed to the overall athletic department's profit. In the latest budget, the department generated $47 million out of $82.3 million in total revenue.
The UConn women's basketball team's profit is comparable to other successful UConn sports teams, such as the men's basketball team, which broke even in revenue and expenses. The women's field hockey and baseball teams also broke even, neither making nor losing money.
