Jump to content

The Cost of Winning (OSU - $37M deficient)


Recommended Posts

10 minutes ago, qaertyisthatdude said:

When looking back at the 2024 CFB season, people will not remember tOSU athletics being in a $37m defecit.  They're gonna remember their football team hoisting one of these 🏆.

Those that pay the $37 million might remember.

  • Hook 'Em 1
  • Haha 2
Link to comment
Share on other sites

Texas athletics department topped $300 million in revenue and operating expenses in 2024

The University of Texas athletics department again has shown its status as a national college sports business leviathan, recording $331.9 million in operating revenues and $325 million in operating expenses during its 2024 fiscal year, according to its new financial report to the NCAA.

This is the first time since the NCAA began its current reporting system in 2005 that a Division I public school has reported more than $300 million in both revenues and expenses in the same year. It also is the largest single-year spending total, exceeding the $292.3 million that Ohio State reported for fiscal 2024 in a disclosure that occurred earlier on Monday.

However, a separate independent accounting report also obtained Monday through an open-records request showed several caveats to Texas’ new figures. The largest of those on the revenue side was what the accountants’ report described as a “large one-time donation to fund the construction of the new Moody Center,” an on-campus arena that opened in spring 2022.

(full USAToday article at this link)

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Unfortunately, your content contains terms that we do not allow. Please edit your content to remove the highlighted words below.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.