NCAA Financial Reports: Texas publishes the largest operating budget ever, the schools of the big ten in trouble – Swimswam

The budget reports on athletic programs at college in 2024 have been published in the last week, with several schools reporting record maxima in revenue, while others are deep in the red and end the year with deficits.

The fiscal year in 2024 in NCAA lasted from July 1, 2023 to June 30, 2024.

Among the title schools was the Texas University, which reported the largest operating budget in history, generating $ 331.9 million in revenue and accumulated $ 325 million in $ 2024, leading to an excess of $ 6.9 million.

This noted the first time since the NCAA began its current reporting system in 2005 that Division I State School reported more than $ 300 million in both revenue and expenses in the same year. The cost of $ 325 million also marks the largest recorded, exceeding $ 292.3 million, Ohio, reported several days earlier in 2024.

The $ 331.9 million revenue reported by Texas is the second highest so far, which lags $ 391 million behind, generated by Oregon University in 2019-20, which included a one-time donation of $ 270 million to renovate their tracking stadium And a field.

The total revenue revenue has increased an increase of $ 61 million to Texas from last year, largely due to contributions. Longhorns received $ 133.9 million in contributions in 2024. Fiscal year, compared to $ 48 million in 2024. A significant part of this was a large one -time donation to help financing the construction of the Moody Campus Arena that opened 2022.

Texas also reported $ 69 million revenue related to remuneration, advertising and sponsorships, which is $ 14 million compared to the year.

Other remarkable reports on the school budget

Ohio

• As mentioned earlier, Ohio has accumulated costs of $ 292.3 million compared to $ 254.9 million revenue, which has led to nearly $ 38 million in a budget deficit.
• OSU revenue dropped nearly $ 25 million from the fiscal year in 2023, partly due to the game of only six home games after playing eight during the season before (FY2024 did not include the 2024 season where eight home matches).
• Their expenses included $ 9.2 million in benefits and benefits for past coaches, almost all of whom were linked to the dismissal in the mid -season of the former chief men’s basketball coach Chris HoltmanS Payments for compensation in the previous year were just over $ 160,000.
• Coaching wages also increased from $ 45.2 million in 2022-23 to $ 54.3 million in 2023-24.
• Football and men’s basketball were the only two sports that generated a profit in 2023-24, with the bouquets significantly winning the title of the College of Football Championship.
• OSU said in a statement that previous profits, reserve funds and expected future profits are expected to cover shortages.

Fry

• Purdue reported a $ 3.6 million surplus after generating $ 134.9 million revenue and accumulating costs of $ 131.3 million.
• Football and men’s basketball operated with an excess of $ 34.7 million, while the remaining 14 spots had a deficit of $ 8.1 million.

Colorado

• The University of Colorado generated revenue of $ 142 million in 2023-24, an increase of $ 117 million from the previous fiscal year. This number appeared in part because of a jump in football ticket sales under the chief coach Daine SandersS
• Colorado ended with an excess of $ 10 million after accumulating $ 132 million in revenue.
• The school reported revenue of $ 31.2 million from football ticket sales almost double in the previous year ($ 16.57 million) and combined $ 16.7 million in goods, licensing, sponsorship and parking and game concessions (also almost doubled the year before).

Iow

• The University of Iowa had a surplus of $ 2.8 million, generating revenue of $ 173.2 million (compared to $ 167.4 million and an excess of $ 7.1 million in 2023).
• The Basketball for Women in Iowa generates $ 3.2 million ticket sales during Caitlin ClarkThe last season, which was “the most in the history of the big ten”. Last year, Iowa generated $ 1.4 million ticket sales, which was a program record.

Indiana

• The University of Indiana brought a record revenue of $ 173.5 million, an increase of $ 28.8 million compared to the previous year.
• The athletics department reported the cost of $ 176.6 million, which is an increase of $ 37.6 million compared to the year, leading to a budget deficit of $ 3.1 million.
• IU generates $ 26.4 million from ticket sales (up to $ 1.9 million from 2023), $ 23.6 million from donor contributions (up to $ 4 million) and $ 50.8 million in media rights (up to 3 million dollars).
• The largest cost increase comes from coaching salaries costing $ 32.5 million, an increase of $ 6.6 million, and $ 22.1 million was paid in compensation, an increase of $ 18.5 million.

Missouri

• The Missouri Athletics Director estimated that the school was approximately $ 35 million below the average revenue generated by other SEC schools.
• Mizzou reported revenue of $ 168 million and $ 183.2 million expenses for a budget deficit of $ 15.2 million. In 2023, the fiscal year, they reported revenue and expenses for $ 141.5 million, being in black with $ 1.

Michigan

• The University of Michigan reported a budget surplus of $ 557,000 with $ 238.86 million in revenue and $ 238.3 million expenses.
• 238.86 million dollars score the highest revenue ever generated by Michigan compared to last year’s $ 229 million when it reported $ 4 million in surplus.
• The compensation of staff and administration represents $ 44.4 million from the revenue in 2023-24, which is $ 3 million from 2022-23.
• Coaches’ salaries increased by $ 2 million to $ 41.3 million, while athletic student aid ($ 33.9 million) increased by nearly $ 1.4 million.
• Michigan brought nearly $ 59 million ticket revenue, 95% of which came from football, men’s basketball and hockey.
• The UM also won $ 50.8 million in media rights, received $ 44 million in installments and $ 34.4 million in remuneration.

Ucla

• UCLA gave its athletic department $ 30 million in the fiscal year 2024, which helped the department to see an increase in revenue of $ 14 million, although it still reported an operational deficit.
• With $ 179.89 million operating expenses, UCLA had a budget deficit of $ 51.85 million, the sixth consecutive year of an operational deficit for the department. During this period, the UCLA deficit amounts to $ 219.55 million.
• $ 15 million costs were aimed at preparing for joining the Big Ten conference.

Arkansas

• Arkansas reported the highest revenue of $ 170.6 million for the fiscal year 2024, exceeding $ 167.3 million in 2023.
• Razorbacks had a $ 167.3 million cost, which led to a $ 3.5 million excess – improvement after a surplus in the $ 800,000 range last year.
• Arkansas’s contributions dropped more than $ 4 million to $ 29.2 million, and media rights revenue was approximately the same to $ 37.2 million, but ticket sales increased over $ 2 million.