Maryland Terps

Maryland Terps

The University of Maryland saw its total sports revenue increase according to the most updated NCAA Division 1 public school athletics spending and revenue list released by USA TODAY Sports. 

Since joining the Big Ten, Maryland has seen drastic increases in the money they bring in from sports. 

In 2013-2014, Maryland's final year in the ACC, the Terps earned $73,434,869 in sports revenue, a little less than a $10 million increase from the previous year. 

The following year, in the Terps first financial season as a part of the Big Ten, that number jumped to $92,686,128, with the most notable increase being an almost $18 million rise in rights and licensing. 

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According to the most updated report, in the 2015-2016 year, Maryland's total revenue continued to rise, although slightly, totaling $94,101,697.

Just seeing the revenue rise is a promising thing. With that total, the Terps rank No. 36 in school revenue in the country.

While being seen as a very successful feat, the Terps have some ground to make up compared to their Big Ten counterparts.

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The Terps ranked 11th in the Big Ten, only ahead of Rutgers and Purdue. 

The entire Big Ten conference is in the top 50 on the list, making it one of the most lucrative conferences in the country. Ohio State (No. 3) and Michigan (No. 5) lead the way.

 

The approximate $2 million rise for Maryland mainly came from a rise in the "contributions" category.

Maryland needs to continue to see their revenue rise if they want to stay competitive in the Big Ten due to costly expenses. The expenses quickly add up, with coaching staffs, scholarships, and facilities all requiring millions of dollars.

In the 2015-2016 year, for example, Maryland matched their expenses with their revenue total: $94,101,697.

An approximate $3 million rise in coaching/staff fees, $2 million increase in scholarships, and $4 million increase in other expenses is what led Maryland to come out even at the end of the 2015-2016 year.

The move to the Big Ten was a financial one and Maryland is justifying the change as their total sports revenue has increased since joining the conference. For the Terps, that needs to continue.