NCAA F

Texas Longhorns record highest ever revenue

Published Add your comment

Football News
24/7

It has been revealed that the University of Texas recorded school-high figures for operating revenue and operating expenses in 2012-13, according to a report from USA Today and Indiana University's National Sports Journalism Center.

According to the school's financial report to the NCAA, Texas recorded $165.7 million in revenue and $146.8 million in expenses, both of which are records for the institution and a $2.4 million increase in revenue and an $8.5 million increase in expenses from the previous year.

Texas' athletics department is among the few nationally that gets no revenue from student fees or institutional or state sources. The department even transferred $9.2 million of its 2012-13 operating surplus to the university.

However The Longorns' donations have gone down to $37.4 million in 2012-13. These contributions though are still greater than the total operating revenue that all but about 65 Division I public school athletics programs had in 2011-12. 

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE: http://gms.to/writeforgms

Topics:
NCAA F
College Football Playoff
Football

Article Comments

Report author of article

Please let us know if you believe this article is in violation of our editorial policy, please only report articles for one of the following reasons.

Report author

DISCLAIMER

This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of GiveMeSport.com or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. GiveMeSport.com and SportsNewMedia do not take any responsibility for the content of its contributors.

Want more content like this?

Like our GiveMeSport Facebook Page and you will get this directly to you.

Already Subscribed to Facebook, don't ask me again

Follow GiveMeSport on Twitter and you will get this directly to you.

Already Following, don't ask me again

Like our GiveMeSport Page and you will get this directly to you.

Already Subscribed to G+, don't ask me again