A year after Auburn’s athletics department operated at a deficit for the first time since the 2013-14 fiscal year, the program experienced a major financial bounce back.
Auburn athletics reported record revenue and profit numbers for the 2021-22 fiscal year, according to a copy of the department’s annual NCAA financial report obtained Tuesday by AL.com through an open-records request. Auburn reported an operating revenue of $174,568,422 against an operating cost of $151,590,763 during the last fiscal year, which ran from Oct. 1, 2021, to Sept. 30, 2022.
People are also reading… Auburn’s record year financially comes after the program experienced the true effects of the COVID-19 pandemic. Auburn athletics operated at $9.7 million deficit during the 2020-21 fiscal year, as revenue fell by $30 million year over year. It was the first time in seven years that the program operated at a deficit.
The latest report included $30,555,705 in football ticket sales, which was up exponentially from $3.2 million the year prior. For basketball, revenue from ticket sales increased from $180,757 to $2,299,783 in the most recent fiscal year.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Suspect in 2013 Pasadena murder turned himself in after being released for criminal trespassThe homicide was considered a cold case until detectives reopened it in 2019, and police arrested a person of interest in that case for a different crime. This is what he did after his release from jail.
Read more »
Quickest Front-Drive Vehicles in Lightning Lap HistoryLap Time: 3:20.6 Class: LL1 | Base Price: $20,490 | As-Tested: $22,385Power and Weight: 205 hp \u2022 2919 lb
Read more »
Joseph Goodman: Can’t ignore obvious with Auburn basketball'Auburn (17-6, 7-3 in the SEC) is going to need someone to make a couple shots over the next couple weeks for this team to feel comfortable about an at-large bid going into the SEC tournament,' columnist JoeGoodmanJr writes.
Read more »
Auburn police arrest man after shooting gun and threatening victimA man was arrested Sunday afternoon after firing a gun into the air, threatening a person and fleeing in a stolen car, according to the Auburn Police Department.
Read more »
Auburn police searching for stolen grave maker vases from Memorial Park CemeteryThe Auburn Police Department asks for the public’s assistance in recovering stolen grave maker vases.
Read more »
Texas A&M aims to take two from AuburnWith Tigers looking wounded, the Aggies will try to keep their SEC momentum going.
Read more »