College Sports

Rich get richer: Financial data for KU, K-State and Mizzou athletics from 2006-14

KansasCity

Kansas

▪ 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.

Kansas State

▪ 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.

Missouri

▪ 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.

This story was originally published February 11, 2015 at 4:58 PM with the headline "Rich get richer: Financial data for KU, K-State and Mizzou athletics from 2006-14."

Related Stories from Kansas City Star
Sports Pass is your ticket to Kansas City sports
#ReadLocal

Get in-depth, sideline coverage of Kansas City area sports - only $1 a month

VIEW OFFER