🏈 Alabama athletics reports $33 million operating surplus in 2013-14 as football drives huge...

[BAMANEWSBOT]

For Alabama's athletics department, both expenses and revenues continue to grow. As a result, the school again finished with a surplus in the 2013-14 financial report submitted to the NCAA in January.

According to the documents obtained by AL.com, Alabama's athletics department made 33,050,145 more than it spent in 2013-13. That's an increase from the $27.2 it made in 2012-13 and continues the trend of surpluses in recent years. It hasn't operated at a loss in the last 10 years, according to documents obtained through the public records requests.

The athletics department transferred $9.1 million back to the university last year after contributing $5.9 million a year earlier.



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[sean]

nothin' but a smile on my face right now.

ROLL TIDE!!!

 

[BamaFan334]

That's great news. That money is showing in campus with all of the upgrades, new construction, and beautiful landscaping going on around campus. This is a special time at The Capstone and I can only hope it continues to be managed this well for many years to come.

 

[jlabit]

In contrast with the Audumb Tigers $13 million loss this year, the Bama Athletic Department made the University a good profit this year.

http://www.cbssports.com/collegefoo...thletic-department-made-33-million-in-2013-14

 

[planomateo]

Impressive surplus.

 

[jlabit]

Don't quit understand. I started this thread yesterday afternoon. Now it shows me as the fourth to make a comment, one that doesn't make sense, being where it is at.

 

[planomateo]

Don't quit understand. I started this thread yesterday afternoon. Now it shows me as the fourth to make a comment, one that doesn't make sense, being where it is at.

Your thread was merged with another thread and it just so happened that your thread was older than the other thread.

 

[alabama mike]

With that type of surplus, AD BB can use some of that money for a buyout and hire a basketball coach. :dance:

 

[psychojoe]

This would be a good time to eliminate those student fees which are given to athletics, as a gesture towards holding down the expenses for non athletes attending U of A.