Big Ten Athletic departments' 2024 financial statements: Seven lessons from a data deep dive

[MisterGopher]

The athletic departments of the Big Ten’s 16 public universities generated nearly $2.84 billion in revenue during the 2024 fiscal year but collectively spent nearly $3 billion, according to financial data sent to the NCAA and obtained recently by The Athletic through state open-records laws.

Of those athletic departments, half finished the 2024 fiscal year with a deficit, and four of those eight were at least $15 million in the hole. Most of the shortfalls were covered by department reserves, university loans or institutional support. Private universities Northwestern and USC aren’t required by law to release their documents and do not.
https://www.nytimes.com/athletic/61...nancial-statements?source=user-shared-article

 

[mngg11]

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[Gopherphile]

Great info but why wouldn’t the writer summarize the data in a table? Gophers ran a surplus but not sure how much, other than it’s less than Nebraska’s $6.7 million.