The University of Alabama broke even on athletics for fiscal year 2024 with total revenues and expenses both at $243,096,720.
Fiscal year 2024 runs from Oct. 1, 2023, to Sept. 30, 2024, for the University of Alabama. The two sports that generated a profit were men’s basketball and football.
Men’s basketball generated a profit of $5,702,239 with $21,029,697 in revenue and $15,327,458 in expenses.
Football had a profit of $24,832,753 with $137,062,871 in revenue and $112,230,118 in expenses.
Alabama reported a combined loss of $10,064,575 on all other sports besides football and basketball, with $28,447,263 in profit and $38,511,8338 in expenses.
EADA Alabma24 by Caleb Taylor on Scribd
The totals are from Alabama’s annual Equity in Athletics Disclosure Act survey. Colleges and universities across the country self-report their financials to the U.S. Department of Education annually.
The Crimson Tide also broke even on athletics for fiscal year 2023, with revenues and expenses coming in at $191,190,486.
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.
