ohio state lost 37 mil last year

[ageezy]

operating in the deficit ... apparently they really did have the best roster money could buy ... wonder if they break even the off national championship bump (student enrollment growth) etc.

still interesting as i'm not sure how many years of deficit one can take in athletics

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

 

[RozayCane]

Sounds like some tax savings **** to me lol

 

[1mg of Epi]

operating in the deficit ... apparently they really did have the best roster money could buy ... wonder if they break even the off national championship bump (student enrollment growth) etc.

still interesting as i'm not sure how many years of deficit one can take in athletics

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

These athletic departments pay the university for things like the scholarships its athletes use, so I think this number might be misleading.

 

[gogeta4]

very milsleading number.

 

[kanin81]

BS, it’s all accounting tricks to show a deficit to avoid taxes and get aid from the state.

 

[L A M P]

That’s heartbreaking. Perhaps Miami can lend a helping hand & take J SmiFF’s overhead off their shoulders.

 

[Dwinstitles]

Told you them boys were paying big though even if it’s true or not. To think we outbid them for JS and he still chose them is severe cope.

 

[mcnaire2004]

They'll make it back. That's a benefit of being in the B1G.

 

[DTP]

NIL payments would not be considered part of the athletic department budget anyway. Remember, the school is not paying the players. A collective is.

 

[jsy]

click bait
its a way to not pay taxes

 

[Tony4Canes]

 

[PSU Cane]

For those saying it's for taxes, aren't colleges tax-exempt under section 501(c)(3) of the Internal Revenue Code? If so, it would appear to have no more do with optics and taxes.

 

[U_Canes]

It’s fiscal year btw, not calendar year. So that covered last years OSU team, not this year.

 

[The U is back to work]

Gold standard

 

[LuCane]

When those numbers are so close, the cooking is typically exceptional. Well done, Longhorn accountants.

 

[IbzRlz]

operating in the deficit ... apparently they really did have the best roster money could buy ... wonder if they break even the off national championship bump (student enrollment growth) etc.

still interesting as i'm not sure how many years of deficit one can take in athletics

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

It wasn't the football program that cost them money, it's paying for all the non-profitable sports football has to support