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Auburn's athletic department records $13.6 million deficit
Posted on 2/16/15 at 9:11 am
Posted on 2/16/15 at 9:11 am
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Auburn’s magical turnaround season in Gus Malzahn’s first year came with a hefty price tag.
Auburn’s athletic department recorded a $13.6 million deficit during the 2014 fiscal year, which included the football team’s SEC Championship run and BCS runner-up finish in 2013, according to the program’s most recent NCAA financial report provided to the Opelika-Auburn News last week through a records request.
Auburn’s magical turnaround season in Gus Malzahn’s first year came with a hefty price tag.
Auburn’s athletic department recorded a $13.6 million deficit during the 2014 fiscal year, which included the football team’s SEC Championship run and BCS runner-up finish in 2013, according to the program’s most recent NCAA financial report provided to the Opelika-Auburn News last week through a records request.
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Posted on 2/16/15 at 9:13 am to blackjackjackson
All those buyouts.......
Posted on 2/16/15 at 9:13 am to blackjackjackson
Damn that must of taken a shite load of bagmen to distribute
Posted on 2/16/15 at 9:14 am to blackjackjackson
they're still trying to get back the money they spent on Cam. it will take some time
This post was edited on 2/16/15 at 9:15 am
Posted on 2/16/15 at 9:14 am to blackjackjackson
Yep....that's what happens when you make a habit of buying $180,000 thugs.
This post was edited on 2/16/15 at 9:15 am
Posted on 2/16/15 at 9:15 am to Monticello
Does not include SECN payout. It runs from Sept 13-Aug 14.
Posted on 2/16/15 at 9:15 am to blackjackjackson
And spending millions on a gaudy video board and tree transplants. It's this kind of mindset that caused the worst financial crisis since the depression 
Posted on 2/16/15 at 9:16 am to blackjackjackson
quote:
Auburn's athletic department records $13.6 million deficit
Imagine if they would have signed CeCe???
Posted on 2/16/15 at 9:16 am to blackjackjackson
Pasadena isn't cheap and they are on the hook for a ton of buyouts...
I don't see the big deal.
I don't see the big deal.
Posted on 2/16/15 at 9:17 am to blackjackjackson
poor people problems
Posted on 2/16/15 at 9:18 am to FourThreeForty
quote:
Yep....that's what happens when you make a habit of buying $180,000 thugs.
quote:
FourThreeForty
quote:
Penn State Fan
How much did y'all pay those Sandusky victims?
Posted on 2/16/15 at 9:20 am to blackjackjackson
LOL
Posted on 2/16/15 at 9:20 am to blackjackjackson
quote:
with Malzahn and the Tigers’ football team bringing in an overall profit of $33.18 million in 2014, though that difference was down slightly from the $38.59 million profit accrued in the 2013 fiscal year.
This is why there is no such thing as a big 3 or big 2 in the SEC.
Football makes 35 million in profits, but the AD losses 13 million.
Posted on 2/16/15 at 9:20 am to NBamaAlum
quote:
Pasadena isn't cheap and they are on the hook for a ton of buyouts...
I don't see the big deal.
LSU haven't been anywhere in a LOOOOONG time. They don't get it....
And USCe....
Posted on 2/16/15 at 9:22 am to WDE24
quote:
This is why there is no such thing as a big 3 or big 2 in the SEC.
Football makes 35 million in profits, but the AD losses 13 million.
LSU makes money in 3 sports
Posted on 2/16/15 at 9:23 am to thirdlawson
Hopefully this is a temporary issue and not a trend. Looking at broader time periods the AD seems healthy.
quote:
In the nine years that AL.com has tracked Auburn's financial data, the school has reported a combined surplus of $36.75 million.
Posted on 2/16/15 at 9:23 am to NBamaAlum
quote:
Pasadena isn't cheap and they are on the hook for a ton of buyouts...
I don't see the big deal.
It's not, but it's the offseason and trolls need food too
Posted on 2/16/15 at 9:23 am to blackjackjackson
are they still paying on Wayne Hall, Dye and Little Bowden or has all of that been resolved?
Posted on 2/16/15 at 9:23 am to Draconian Sanctions
quote:How much in each?
LSU makes money in 3 sports
Posted on 2/16/15 at 9:26 am to WDE24
I'm interested in seeing how Missouri has done their first two years in the league. AU had a high amount for travel expenses, but it can not be anything near what Missouri has to pay.
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