If cash talks, then Texas had the loudest voice of 2017.
The Longhorns’ athletics division had a banner yr financially, changing into the primary Division I public college to surpass the $200-million mark in each working income and bills in the identical fiscal yr, in response to Steve Berkowitz of USA TODAY Sports activities, citing Texas’ annual monetary report back to the NCAA.
The report was supplied to USA TODAY Sports activities by the college in response to an open-records request. Texas’ fiscal yr for 2017 ended Aug. 31, 2017, in response to Berkowitz.
Within the report, Texas had almost $215 million in working income and $207 million in working bills. The income whole is the second-largest single-year quantity reported by a Division I college, trailing solely the $241 million reported by Oklahoma State in 2006.
The annual bills whole is the most important ever within the 13 years that USA TODAY Sports activities has been accumulating information, in response to Berkowitz. The earlier excessive was additionally set by Texas in 2015 with a complete of $173.2 million.