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Thread: Texas

  1. Default Texas

    How do P6 schools compete with this?

    Texas athletics totaled $331.9 million in revenue in FY 2024 thanks to the most profitable football program in the SEC

    by:Joe Cook•05/06/25•
    josephcook89





    [COLOR=rgba(0, 0, 0, 0.87)]
    John Gutierrez/Special to American-Statesman / USA TODAY NETWORK
    According to data compiled by the Knight-Newhouse College Athletics Database and AL.com, the Texas Longhorns athletic department brought in a whopping $331,905,866 in revenue during the 2024 fiscal year while spending $327,782,612 for its 21 sports and 558 student athletes.
    [Sign up for Inside Texas TODAY and get the BEST Longhorns scoop!]
    Texas spent $65,770,599 on football in FY Â’24, with $22,900,116 of that going to coaching salaries. But that was no problem for the Longhorns as UT football recorded a whopping $204,731,959 in football program revenue. No other SEC team eclipsed $150 million in revenue.


    How did Texas spend $327,782,612 across its athletic department in FY Â’24? According to Knight-Newhouse dataÂ…

    • $5.22 million went to student athlete meals
    • $2.76 million was listed as “excess transfers back, or “positive net revenues generated by athletics and transferred to the institution for non-athletics purposes
    • $7.23 million in total coaching severance. Texas had to dismiss baseball head coach David Pierce in 2024
    • $25.3 million in “other expenses” like equipment, marketing, spirit groups, and other miscellaneous items
    • $1.9 million in medical expenses
    • $4.67 million in competition guarantees
    • $5.78 million in recruiting
    • $39.96 million in game expenses and travel
    • $127.31 million in facilities, debt service, and equipment
    • $48.64 million in coaches compensation
    • $42.89 million in non-coaching athletics staff compensation
    • $16.13 million in athletic student aid

    And revenues in FY Â’24?

    • $22.77 million from “other revenue,” or things like programs, camps, concessions, parking, athletics restricted endowment and investments income, or camps
    • $68.79 million in corporate sponsorship, advertising, and licensing
    • $137.01 million in donor contributions
    • $1.67 million in competition guarantees
    • $40.75 million in conference/NCAA distributions, media rights, and postseason football compensation
    • $60.91 million in ticket sales

    Texas athletics received no money from institutional or government support nor from student fees.
    According to Knight-Newhouse data, the UT athletics department had $201,108,000 in athletics related debt in 2024, a number down from the almost $210 million in 2023.
    [Order THE LONGHORN ALPHABET today and teach your little ones the A to ZÂ’s of Texas Football!]
    HereÂ’s how the SEC stacks up in football revenue and expenses and total athletic department revenue and expenses. Data for Vanderbilt is not available due to its status as a private institution.
    Five SEC programs operated at a loss in FY Â’24: South Caroline, Mississippi State, Ole Miss, Missouri, and Alabama. Al others operated at a surplus, with Georgia boasting $47,514,971 in surplus funds.


    School Football Revenue Football Expenses AD Revenue AD Expenses
    Alabama $140,262,704 $113,835,360 $234,825,632 $262,789,471
    Arkansas $72,419,879 $57,117,596 $170,608,757 $167,327,513
    Auburn $121,178,682 $60,851,540 $194,360,814 $191,558,771
    Florida $100,796,971 $46,031,605 $200,094,587 $179,243,138
    Georgia $133,529,629 $68,931,272 $241,843,473 $194,328,502
    Kentucky $53,778,438 $45,254,353 $201,681,605 $196,853,363
    LSU $107,950,137 $55,478,319 $220,281,207 $218,545,665
    Ole Miss $75,260,701 $57,122,596 $149,384,601 $157,019,279
    Mississippi State $43,770,000~ $35,600,000~ $127,200,000~ $134,200,000~
    Missouri $56,307,996 $52,836,720 $168,000,978 $183,167,871
    Oklahoma $131,666,240 $60,534,764 $208,829,776 $206,189,277
    South Carolina $78,496,729 $47,559,965 $183,458,097 $183,652,272
    Tennessee $148,952,809 $75,905,015 $234,058,790 $231,812,046
    Texas $204,731,959 $65,770,599 $331,905,866 $325,025,506
    Texas A&M $118,450,098 $90,757,514 $266,361,985 $243,670,625


    As a result, the Longhorn football program had a $138,961,360 surplus in FY Â’24.
    Football spending has increased by over $20 million since the 2019 season when it was just over $43 million.


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  2. Default Re: Texas

    And they still nearly overspent


  3. #3

    Ragin' Cajuns Re: Texas

    AND they probably still came out with more of a surplus than any other program.


  4. Default Re: Texas

    And didnt "donate" any of it to academics


  5. Default Re: Texas

    Quote Originally Posted by MarlinMan3 View Post
    And didnt "donate" any of it to academics
    Read again....

  6. Default Re: Texas

    Quote Originally Posted by Cajun90 View Post
    Read again....
    Wow, less than 1 pct, howd i miss that, despite still in debt of over $200 mill (although "non-athletic" might not be for academics)

  7. Default Re: Texas

    No student fees....


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