Auburn University made a nearly $11 million profit from its athletic programs for the 2024 fiscal year.

Total revenues for all athletic programs were $193,417,486, and expenses were at $182,486,390 for a profit of $10,931,096

For Auburn University, the fiscal year 2024 runs from Oct. 1, 2023, to Sept. 30, 2024. The two sports that generated a profit were men’s basketball and football.

Men’s basketball generated a profit of $5,299,880 with $21,061,204 in revenue and $15,761,324 in expenses.

Football had a profit of $60,327,143 with $120,416,776 in revenue and $60,089,633 in expenses.

Auburn reported a combined loss of $33,242,377 on all other sports besides football and basketball, with $9,827,237 in revenue and $43,069,614 in expenses.

The totals are from Alabama’s annual Equity in Athletics Disclosure Act survey. Colleges and universities nationwide self-report their financials to the U.S. Department of Education annually. 

Au 2024 Eada Survey by Caleb Taylor on Scribd

The University of Alabama broke even on athletics for fiscal year 2024 with total revenues and expenses both at $243,096,720.

To connect with the author of this story or to comment, email caleb.taylor@1819News.com.

Don't miss out! Subscribe to our newsletter and get our top stories every weekday morning.