| NEWS Ath. Dept revenue news. AU loses money in Covid year, Bama turns a small profit.

[1CrimsonTider]

If you guys recall the SEC supplemented its schools last year to offset the Covid impact.

AL.com reports AU lost money on the year.

The true financial impact of the COVID-19 pandemic on Auburn’s athletics department was reflected in the program’s most recent annual NCAA financial report, when the department reported operating at a loss during the 2020-21 fiscal year.

A year after reporting record revenue and a $17.9 million profit margin, Auburn’s athletics department saw its revenue decrease by $30 million year over year and operated at a $9.7 million loss, according to a copy of the university’s annual NCAA financial report obtained by AL.com through a public records request. It’s the first time in seven years that Auburn athletics has operated at a loss.

While Alabama reports profits.

Alabama athletics didn’t lose money during COVID-19 crisis

AL.com obtained the University of Alabama athletics financial statement for the year hit hardest by the pandemic. It shows how it hurt the school but didn't clean it out.

www.al.com

Auburn athletics reports $9.7 million loss in 2021

Auburn's athletics department took a hit during the 2020-21 fiscal year.

www.al.com

 

[Bammerboy321]

Greg Byrne is a beast.