Missouri reports athletic surplus for first time since 2009 fiscal year
03/28/2014 6:27 PM
03/28/2014 8:36 PM
Missouri’s athletics department reported a 50 percent jump in operating revenue for the 2013 fiscal year, raking in $76.3 million compared to $50.7 million in 2012, according to figures submitted to the NCAA.
Of course, much of that was expected.
The Tigers received only $1.81 million in NCAA and conference revenue in the 2012 fiscal year after leaving the Big 12 for the Southeastern Conference.
During its first year in the SEC, Missouri received $21.1 million, which accounts for most — but not all — of the $25.6 million revenue boost.
Tickets sales and contributions spiked in 2013, including an increase of $3.6 million for football ticket sales.
That represents a 22.25 percent jump. The 2013 fiscal year ended June 30, so those sales do not reflect last season, when the Tigers’ football team matched the school record for wins, going 12-2 and winning the SEC East division championship as well as the 2014 Cotton Bowl.
Missouri men’s basketball saw a 6.2-percent increase in ticket revenue from $4.85 million to $5.15 million in 2012-13.
The Tigers’ athletic department reported a $6 million surplus after declaring $70.3 million in operating expenses. It’s the first year since 2009 that Missouri, which reported a $16.3 million deficit in 2012 without its conference revenue, reported an operating surplus.
The graphics below, compiled by The Star through open-records requests, show revenue and expense data for the three major college athletic departments in Missouri and Kansas for the last seven financial years. Mobile users,please click here to view
Join the Discussion
The Kansas City Star is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.