Iowa
University of Iowa Athletics expects to break revenue records in upcoming year • Iowa Capital Dispatch
The University of Iowa is expecting another record-breaking year for its athletics department while Iowa State University Athletics is working to handle changes to expected revenues as a result of collegiate athletic conferences shifting, university budget documents show.
With revenues slated to increase in football, women’s basketball, wrestling and volleyball, among other areas, the UI is projecting a total income of more than $150 million for fiscal year 2025, just over a 7% increase from last year.
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According to budgets submitted to the Iowa Board of Regents, which are set to be discussed at the board’s meeting next week, Hawkeye Football ticket revenue should increase this fall due to “a favorable home schedule and price adjustments,” and budgeted income for women’s basketball went from $1.3 million to $1.65 million in fiscal year 2025 because of “additional guarantees received for away contests.”
The university athletics department saw record-breaking revenue last fiscal year as well, prompted by soaring popularity in the women’s basketball team. Iowa women’s wrestling is projected to make $80,000 in fiscal year 2025.
Renegotiated television contracts from the Big Ten Conference will give athletic conference revenue at the UI a $13.4 million bump from the $61.8 million the university saw last year.
ISU Athletics is expecting to earn around $114.2 million in revenue for fiscal year 2025, $2.7 million more than the fiscal year 2024 budget. Cyclone Football is also expecting increased ticket sales due to an additional home game, and the athletic department is also planning to see increased ticket sales for women’s basketball and wrestling. The biggest bump is expected to come from women’s basketball, with the budget line increasing from $450,000 to $700,000.
However, with changes to collegiate athletics conferences and tournaments, ISU Athletics has put certain projects on hold and “is continuing to make operational and personnel changes as necessary,” according to the budget document.
With four universities added to the Big 12 Conference as of July 1, ISU and the other continuing conference members will receive $40 million less in Big 12 contributions through fiscal year 2031 than what was previously expected, according to the regents document.
Also impacting the ISU athletic department’s budget is the College Football Playoff expansion, which makes it so playoff revenues aren’t equally distributed among the different conferences, according to the document.
“With two athletic conferences essentially receiving the contractual increases in television revenue resulting from the new playoff format, the revenue allocations to members of the Big 12 conference will remain flat,” the document stated. “The financial impact of this change is approximately $5M per year (through FY 2031) when compared to earlier projections.”
The University of Northern Iowa, the only state university to provide support to its athletics department, is also the only university to expect a decrease in revenue for its athletics this upcoming fiscal year. According to the budget document, athletics revenue is projected to fall from around $14.8 million to just under $14.7 million.
As with previous years, UNI men’s basketball doesn’t have game guaranteed revenue to include in the budget yet.
“Sports income for football includes game guarantee revenue resulting in a budgeted revenue increase when compared to the FY 2024 budget,” the budget document stated. “Conversely, men’s basketball has no game guaranteed revenue on the schedule at this time.”
The university will also see a more than $1 million reduction in revenue from marketing due to its new contract with sports marketing company Learfield. The UI will only see a $150,000 decrease in its income from the contract it holds with Learfield, according to the document.
UNI will allocate $3.26 million in operational support, $1.28 million in scholarship funding and $485,000 for “one-time support,” according to the regent document.
The university included an almost $100,000 increase in income from UNI football, but decreases in other men’s and women’s sports.
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When are the Iowa Lottery drawings held?
- Powerball: 9:59 p.m. CT on Monday, Wednesday, and Saturday.
- Mega Millions: 10:00 p.m. CT on Tuesday and Friday.
- Lotto America: 9:15 p.m. CT on Monday, Wednesday, and Saturday.
- Lucky for Life: 9:38 p.m. CT daily.
- Pick 3 (Day): 12:20 p.m. CT daily.
- Pick 3 (Evening): 10:00 p.m. CT daily.
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- Pick 4 (Evening): 10:00 p.m. CT daily.
- Millionaire for Life: 10:15 p.m. CT daily.
This results page was generated automatically using information from TinBu and a template written and reviewed by an Iowa editor. You can send feedback using this form.
IOWA — Iowa’s new restrictions on SNAP benefits are drawing concern from advocates who say the changes could make it harder for families to buy food and could put future summer assistance for children at risk.
The state’s SNAP waiver took effect January 1, 2026, limiting what items can be purchased based on Iowa’s taxable food list. While that includes widely discussed restrictions on soda and candy, the policy also affects certain prepared foods, creating confusion for shoppers.
“Something as small as whether or not a utensil is included in a food item actually impacts whether or not you can continue to purchase that item using your SNAP benefits,” Paige Chickering, Iowa State Manager for the Save the Children Action Network, said.
Advocates say the rules can be difficult to navigate, especially for people relying on quick meals. Items like prepackaged salads or sandwiches may or may not qualify depending on how they are packaged.
At the same time, new legislation slated for the next session at the statehouse could make those restrictions more permanent by requiring Iowa to continue seeking federal approval for the waiver.
That’s raising additional concerns about the future of Summer EBT, also known as “Sun Bucks,” which provides food assistance to children when school is out.
“This makes that food assistance dependent on a decision made in Washington, D.C. that is just arbitrary and not really dependent on the needs of Iowans and Iowa children,” Chickering said.
The program is expected to help around 220,000 children in Iowa during the summer months. Advocates worry leaving it up to federal approval of the waiver could jeopardize that support if policies change. They also point out that SNAP plays a major role in addressing hunger compared to other resources.
“We know that for every one meal provided by an emergency feeding organization, SNAP provides nine,” Chickering said.
Advocates say they support improving nutrition but argue there are more effective, evidence based ways to do that without limiting food choices.
For now, organizations across Iowa are working to help families understand the new rules, while also pushing lawmakers to reconsider how the policy could impact food access moving forward.
Scoop: Iowa Democratic state Rep. Josh Turek snagged a major endorsement for his Senate bid from former Sen. Tom Harkin.
Harkin, who retired in 2015, was the last Democrat to represent Iowa in the Senate. Turek is locked in a competitive primary with state Sen. Zach Wahls in a race that has divided major factions of the Democratic Party.
“I have a pretty good idea of what it takes to win an election, and then to faithfully represent all Iowans, not just those who voted for you,” Harkin said in his endorsement. “That’s why I’m supporting Josh Turek.”
Harkin served in the Senate for 30 years and is the author of the Americans with Disabilities Act. Turek, who was born with spina bifida and uses a wheelchair, was 11 when the ADA was enacted.
Harkin is a widely sought after endorsement in the Hawkeye State. His decision to wade into the race is notable because Harkin also has a relationship with Wahls.
Wahls called Harkin “one of my closest political mentors,” and said the former senator officiated his wedding in 2021.
Iowa’s Senate primaries are June 2.
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