Memphis allocates $9 million for basketball, $7 million for football
Yahoo Sports • 1 min read • Latest: Jun 3, 2026, 9:15 PM
Last updated Jun 3, 2026
Memphis Athletic Director Ed Scott has confirmed the school’s revenue share allocation for the 2026-27 fiscal year. The men’s basketball program will receive $9 million, while the football program is set for $7 million. Scott highlighted the increase as a result of the revenue-share cap increasing on July 1. He credited head coach Penny Hardaway for the success of the basketball program and noted that last year's figures were the highest in the American Athletic Conference. Looking ahead, Scott aims to boost the football revenue share to $10 million for the following fiscal year, emphasizing the importance of both programs' financial health.
- •Ed Scott announces $9 million for basketball and $7 million for football.
- •Penny Hardaway credited for basketball program's revenue increase.
- •Last year's basketball revenue topped the American Athletic Conference.
- •Scott aims for a $10 million budget for football next year.
- •Football's revenue share timing differs due to signing periods.
- 9:15 PMYahoo Sports — Memphis AD Ed Scott reveals $9 million rev-share budget for men’s basketball, $7 million for football in 2026-27
"With the revenue-share cap set to increase July 1, Memphis AD Ed Scott confirmed the Tigers will fully opt in to the expected $21.3 million allotment. He also broke down how much men’s basketball and football will receive. Scott told 92.9-FM ESPN that the Memphis men’s basketball program will get $9 million in fiscal year […]
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