Happy times are overflowing in Tuscaloosa as the Alabama football program reportedly finished with a surplus of $53 million after totaling $95 million in the 2013-14 fiscal year. Here’s the breakdown of all the numbers.
According to Al.com, Alabama football had “a $53.3 million surplus with revenues of $95.3 million.” That’s a lot of dough and is $6.1 million more than the $47,136,001 it brought in in 2012-13. With football clearly being its biggest contributor, Alabama athletics as a whole generated a surplus of just over $33 million — $33,050,145 to be exact. The athletics department then “transferred $9.1 million back to the university.”
Much of the revenue the football program reports comes from ticket sales ($34.9 million) and “contributions” ($20.7 million), but the program also saw gains in broadcast/television/radio/Internet rights (from $7.2 million to $9.1 million) and royalties, licensing and ads ($1.3 million to $4.5 million).
Meanwhile, the program spent $41,993,027 on its overall operating expenses with its top expense going toward coach salaries ($12.8 million). Additionally, the program spent $4.2 million on fundraising and marketing, $3.8 million on athletic student aid, $2.7 million on game expenses, $2.7 million on facilities maintenance, $2.6 million on university support staff, $2.5 million on team travel, $1.6 million on equipment and supplies and $1.2 million on recruiting, among a bevy of other expenses.
I think it’s safe to say that things are going good for the Tide.
[h/t Yahoo Sports]
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