Expected due to the pandemic, other variables, but FSU’s athletic department posted a $26 million deficit in 2020, according to its annual NCAA Membership Financial Report.
— Curt Weiler (@CurtMWeiler) January 27, 2021
The department posted an operating revenues of $129,481,351 and total operating expenses of $155,656,855.
Thanks for posting. In addition to expected revenue drop (almost no ticket sales), expenses were also up. Probably the same story all over, tbh.
ReplyDelete