▪ Operating revenue: $97.681 million
▪ Operating expenses: $90.057 million
▪ Operating profit: $7.625 million
Unlike most athletic departments, KU made more money after expenses from men’s basketball ($9.774 million) than it did from football ($8.333 million) in fiscal year 2014. After expenses, K-State made $27.866 million from football and $5.502 million from men’s hoops while Missouri made $14.229 million from football and $6.309 million from men’s basketball.
▪ Operating revenue: $72.935 million
▪ Operating expenses: $62.577 million
▪ Operating profit: $10.358 million
K-State’s athletic department set all-time highs for athletic revenue, expenses, football revenue ($44.117 million), ticket sales ($15.655 million) and concession sales ($2.913 million). It did so while funding scholarships in women’s sports at a higher level than previous years and after going without state and institutional support, which was $778,484 in 2013.
▪ Operating revenue: $83.719 million
▪ Operating expenses: $80.230 million
▪ Operating profit: $3.489 million
Mizzou’s annual operating revenue grew nearly 10 percent and reported a positive balance sheet that allowed the athletic department to transfer $2,179,583 of its $3.5 million operating profit to the university for “initiatives outside of athletics.”
▪ Source: NCAA Membership Financial Reporting System documents for fiscal year 2014 (July 1, 2013 through June 30, 2014).
▪ Note: Kansas and K-State documents released by their athletic departments this month. Mizzou’s document was obtained by The Star last month through an open records request.