HtownOrange
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The Ohio State Buckeyes AD ran $38MM in the red last year (2023-2024). Obviously, Rutgers says "Hold my beer." TOSU has failed to dip into student fees and did win a championship in football, was competitive in other sports and did not rely on "loans" from the school or state which will never be paid back.
The athletic department spent a record $292.7 million from July 1, 2023, to June 30, 2024, while it also saw a dip in overall revenue.
It brought in $254.9 million in total operating revenues over the period, a decline of $24.6 million from the previous fiscal year, contributing to the budget shortfall.
Imagine if Syracuse had that budget, we be top ten in every sport, men's and women's, and return money to the school.
Ohio State reports athletics budget deficit of nearly $38 million from 2024 fiscal year
The Ohio State athletic department's budget deficit from the 2024 fiscal year was $37.7 million, according to figures it submitted to the NCAA.
www.dispatch.com
The athletic department spent a record $292.7 million from July 1, 2023, to June 30, 2024, while it also saw a dip in overall revenue.
It brought in $254.9 million in total operating revenues over the period, a decline of $24.6 million from the previous fiscal year, contributing to the budget shortfall.
Imagine if Syracuse had that budget, we be top ten in every sport, men's and women's, and return money to the school.
