Basketball

SEC Women’s Basketball Financial Audit Reveals Wide Spending Gap

Mississippi State ranks tenth in expenses and revenue for FY 2025, with coaching and travel consuming nearly half of its budget.

Financial snapshot of SEC women's basketball

Mississippi State’s women’s basketball program sits near the middle of the pack in the SEC’s latest financial audit for fiscal year 2025, landing at tenth place among conference schools in combined expenses and revenue.

The Bulldogs recorded a total outlay of $6.3 million, while pulling in just $911,421 from ticket sales, NCAA distributions and ancillary streams, leaving a $5.6 million shortfall that ranks as the seventh‑largest deficit among SEC institutions.

Where the money goes

Coaching and travel together consumed nearly half of that spending, with $1.99 million directed to salaries and $1.03 million to movement across the country, a combined share of 47 percent of the program’s costs.

Beyond those line items, the university allocated more than $500,000 to athletic student aid, underscoring the broader financial support required to sustain a competitive roster.

Revenue streams remain modest; ticket sales topped the ledger at $573,371, while the program also benefited from $171,473 in NCAA distributions and $130,509 from parking, concessions and novelty items.

Coaching costs across the SEC

When viewed against peers, Mississippi State’s coaching payroll pales in comparison to the $6.3 million paid to South Carolina’s Dawn Staley — including a $2.2 million third‑party contribution — and the $5.2 million outlay for LSU’s Kim Mulkey.

Conference leaders such as South Carolina have leveraged external funding to boost their revenue base, a dynamic that continues to widen the fiscal gap for programs operating without similar third‑party backing.

The findings, compiled by The Dispatch, highlight the economic pressures facing mid‑tier SEC women’s basketball programs and the strategic decisions that could shape future competitiveness.

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