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Univ. Of Texas Rebounds From Losses, Finishes '15-16 Year With $6.5M Surplus

Published in SportsBusiness Daily on 01 / 11 / 17

The Univ. of Texas finished the '15-16 academic year "with an eye-popping" $6.5M surplus, according to Brian Davis of the AUSTIN AMERICAN-STATESMAN. Just two years ago, the athletic department was $2.8M "in the red," marking the "first time UT’s athletic department had lost money" since '99-'0...

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