Texas athletics totals $331.9 million in revenue in 2024 after move to SEC
Texas athletics totals $331.9 million in revenue in 2024 after move to SEC
The Texas Longhorns athletic department brought in an amazing $331.9 million in revenue during the 2024 fiscal year while spending $327.8 for its 21 sports and 558 student athletes. That's according to the Knight-Newhouse College Athletics Database and AL.com.
Texas, who have only been in the SEC for less than a full academic year, topped the new conference in revenue. UT was ahead of Texas A&M ($266.4 million), Georgia ($241.8 million) and Alabama ($234.8 million).
Texas spent over $65 million on football in FY '24, with almost $23 million of that going to coaching salaries. But that was more than balanced because the Texas football program football took in an incredible $204.7 million in revenue. No other SEC team topped $150 million in revenue.
As a result, the Longhorn football program had a $138.9 million surplus in FY '24. Five SEC programs operated at a loss in FY '24: South Caroline, Mississippi State, Ole Miss, Missouri, and Alabama. Al others operated at a surplus, with Georgia boasting $47.5 million in surplus funds.
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