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Missouri AD operates in the red

Posted on 1/29/20 at 12:27 pm
Posted by SemperFi
St Louis
Member since Nov 2015
1514 posts
Posted on 1/29/20 at 12:27 pm
LINK

quote:

For the third straight fiscal year, Missouri’s athletic department finished with a budget deficit, according to documents submitted by the school to the NCAA and obtained by the Missourian. In the 2019 fiscal year, which ran from July 1, 2018, to June 30, 2019, the deficit was $1.79 million.


quote:

That is slightly smaller than last year’s deficit of about $1.81 million, which was notably smaller than the $4.56 million deficit the athletic department reported in 2017
This post was edited on 1/29/20 at 12:29 pm
Posted by Wtodd
Tampa, FL
Member since Oct 2013
67482 posts
Posted on 1/29/20 at 12:48 pm to
quote:

Missouri AD operates in the red

but is trending in the right direction
Posted by SemperFi
St Louis
Member since Nov 2015
1514 posts
Posted on 1/29/20 at 12:53 pm to
quote:

but is trending in the right direction


Absolutely
Posted by Lou2theZou
Chicago
Member since Jun 2019
528 posts
Posted on 1/29/20 at 3:45 pm to
I guess we are trying something new now, let’s get back to winning with coach drink????????
Posted by surgicalvenom
Omaha
Member since Jan 2014
5361 posts
Posted on 1/29/20 at 7:32 pm to
We built a new building, and I chose to show the biggest loss this year so on paper we lost money this year (2019.) I wonder if the AD is doing the same as the bonds to finish the end zone project is technically debt. Especially since Sterk got a good amount of pledges to start the project.
Posted by Wtodd
Tampa, FL
Member since Oct 2013
67482 posts
Posted on 1/31/20 at 5:50 am to
Our SEC payout this year is $44.6M so we're in the black again
Posted by TigerCruise
Virginia Beach, VA
Member since Oct 2013
11898 posts
Posted on 2/1/20 at 12:13 am to
The new 330pm and SECCG game deal will put another 20 million in the revenue
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