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Football Roster Impacts Retention and Revenue

Meg Smith
|
October 21, 2026

At many small colleges and universities, football plays a significant role, both on the field and on the balance sheet. And the roster size can have a significant impact on retention and revenue.

As the largest roster sport in the NAIA, football has a unique ability to influence enrollment, student retention, and institutional finances. However, recent research suggests that there’s a delicate balance to strike. Bigger football rosters may bring in more money, but they don’t always keep students around.

Roster size versus revenue

A Return on Athletics (ROA) research brief looks at four years of data to better understand how team size affects student-athlete retention, and the overall financial return football brings to a college.

Updated October, 2026: Retention and Roster Size: Finding the “Sweet Spot” for Football

This research highlights the real trade-offs college leaders must consider when managing athletics. It also suggests there’s no one-size-fits-all solution: some schools with very large or small teams still manage to keep student-athletes engaged and enrolled, thanks to strong coaching, support systems, and campus culture.

Learn how ROA’s research offers a fresh perspective on the factors that impact student success and institutional sustainability. Download the research brief for a deep dive into the correlation between team sizes and revenue.

See related: University of Sant Francis: Revitalizing Athletics with Data-Driven Insights

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