How Much Money Does Texas A And M Make From Athletics

The Texas A&Yard athletics department's ongoing facilities upgrades again have resulted in the school rivaling the University of Texas for higher sports revenue supremacy.

Texas A&M had nearly $212 million in operating revenue during its 2017 fiscal year, according to its latest financial report to the NCAA.

Texas A&G had near $212 1000000 in operating revenue during its 2017 financial twelvemonth, according to its latest financial written report to the NCAA. Near $93 1000000 of that amount was categorized every bit contributions received and spent by the department during that year, the certificate shows.

Texas A&Grand's report comes on the heels of Texas financial documents that showed the Austin campus with nearly $215 million in athletics operating revenue for 2017.

Information technology is the kickoff time ii public universities accept reported more than $200 million in athletics revenue in the same year.

Simply this is third consecutive year in which Texas A&G has reported almanac athletics acquirement of more than $190 one thousand thousand. Prior to these years, the school never had reached $120 million in such revenue (non adjusting for aggrandizement).

Fundraising campaigns related to a massive redevelopment of its football game stadium that began in 2014, along with several other projects, have super-charged Texas A&M's contribution totals.

Birthday over the past three years, Texas A&M has reported a combined total of $260 million in annual contributions to athletics.

The university provided its new report to USA TODAY Sports on Monday, in response to an open-records request.

Texas A&Yard recently has shown its financial musculus in other ways. It fired football motorcoach Kevin Sumlin, owing him a $10.four million buyout. It then replaced him with Jimbo Fisher, who has been given a deal the school has placed at $75 million over x years.

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While the study shows Texas A&M with almost $147 1000000 in operating expenses for 2017 — an apparent annual surplus of more than $65 million — it likewise shows the school with just under $67 meg in athletics-related capital expenditures during the year.

When schools borrow money to build or refurbish athletics facilities, the NCAA currently requires them to count annual debt service payments — the corporeality of principal and interest they repay in a given twelvemonth — as an operational expense. Cash spending on facilities is supposed to exist counted, and reported, separately from annual operating expenses.

Every bit a result, contributions to Texas A&M'southward athletics program that were fabricated in 2017 and spent on facilities projects that twelvemonth are being reported as operating acquirement while virtually of the respective spending on those projects is non being reported every bit an annual operating expense.

The Texas A&M athletics department's chief financial officeholder, Jeff Toole, told Us TODAY Sports that when the facilities-related contributions are removed from consideration for 2017, "we are basically break-fifty-fifty, perchance a little less than break-even, for the year."

Toole said the capital letter projects covered in 2017 were a continuation of the $485 1000000 football stadium project, the construction of stadiums for softball and rail and field, and the installation of some new video boards. Toole declined to provide amounts spent in 2017 on each project.

If Texas A&M's capital spending for 2017 is added to its operational spending for the yr, the total is just over $213.5 meg.

Oklahoma Land reported $241 million in revenue (not adjusting for inflation) for 2006, when the NCAA was having the schools employ a unlike methodology for their almanac financial reporting than the i they use at present. Oklahoma Land reported $211 1000000 in donations for that year. Well-nigh $165 million came from Boone Pickens, largely for facility upgrades made over time.

When Texas released its 2017 financial report a little more than a week ago, information technology showed nearly $215 1000000 in annual operating revenue and $207 million in operating expenses. Texas likewise had nearly $iv million in uppercase spending, plus a separate $x.3 one thousand thousand transfer to the university that also is not considered an annual operating expense under the NCAA's reporting system.

Texas A&1000's new athletics spending report showed no additional transfers to the academy.

With the softball facility ready to open up in Apr and the runway and field facility in September, Toole said he anticipates that Texas A&Thou's acquirement for its 2018 and 2019 fiscal years will resemble the 2017 total.

"After that, it might start to normalize a trivial bit," Toole said, "only you never know."