[Herky] Athletic Department Financials

[Keith Voigts]

As a CPA, I love to look at the numbers.  I found this.  

 

Iowa is #20 with $113,249,000 in revenue and $116,169 in expenses, a loss of about $3,000,000.

 

USA TODAY released its  <http://sports.usatoday.com/ncaa/finances/> database of NCAA Division 1 athletics spending and revenue for the 2015-16 academic year Thursday, and Alabama was ranked among the top-five schools.

The Crimson Tide’s athletic department made $164,009,745, which ranked fourth nationally and second in the SEC behind nation-leading Texas A&M. Alabama also had $145,277,366 in expenses, which ranked fourth nationally and first in the SEC.

Texas A&M brought in the most overall revenue with $194,388,450 for a second straight year, while Texas’ athletic department spent the most $171,394,287. Texas ($187,981,158) and Ohio State ($170,789,765) rounded out the top-four revenues.

The Aggies took in $75.5 million, compared to Alabama’s $29.7 million.

Of the 13 public schools in the league, 11 recorded $100 million or more of revenue. Only Missouri ($97.3 million) and Mississippi State ($94.9 million) fell below that mark in 2015-16.

The SEC accounted for six of the top-10 teams in total revenue. Below is the top 10.

1. Texas A&M -- $194,388,450
2. Texas -- $187,981,158
3. Ohio State -- $170,789,765
4. Alabama -- $164,009,745
5. Michigan -- $163,850,616
6. Oklahoma -- $150,373,216
7. LSU -- $141,651,460
8. Florida -- $141,441,109
9. Tennessee -- $140,448,955
10. Auburn -- $140,070,593

 

 

Keith Voigts

 

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