Michigan is a hugely influential school, but Ohio State makes more money than Michigan, and spends more money on sports than Michigan. This from a Michigan site
http://mgoblog.com/mgoboard/comparison-athletic-departments-operating-budgets-u-m-blackTOP FIVE
School Revenue Expenses Subsidies Subsidies %
1. Texas $150,295,926 $133,686,815 $0 0%
2. Ohio State $131,815,821 $122,286,869 $0 0%
3. Alabama $124,498,616 $105,068,152 $5,235,300 4.2%
4. Florida $123,514,257 $107,157,831 $4,367,071 3.5%
5. Michigan $122,739,052 $111,844,553 $272,684 0.2%
BIG TEN
School Revenue Expenses Subsidies Subsidies %
1. Ohio State $131,815,821 $122,286,869 $0 0%
2. Michigan $122,739,052 $111,844,553 $272,684 0.2%
3. Penn State $116,118,025 $101,336,483 $0 0%
4. Wisconsin $96,288,191 $95,623,345 $7,237,901 7.5%
5. Iowa $93,353,561 $88,057,486 $564,680 0.6%
6. Michigan State $84,510,199 $84,004,229 $3,650,280 4.3%
7. Nebraska $83,679,756 $81,916,484 $0 0%
8. Minnesota $78,924,683 $78,924,683 $7,778,861 9.9%
9. Illinois $77,863,883 $73,476,818 $3,983,640 5.1%
10. Indiana $71,017,355 $69,314,511 $2,686,769 3.8%
11. Purdue $66,202,493 $59,429,383 $0 0%
Northwestern N/A N/A N/A N/A