Auburn Made $15M Profit Last Year With Help From SEC Network, Ticket Sales
Auburn athletics was "in the black" for FY '16 for the second consecutive year, according to a front-page piece by Dana Sulonen of the OPELIKA-AUBURN NEWS. Auburn’s total operating revenues for the fiscal year that ended June 30 came in at more than $140M, while operating expenses came in at $124.8M, putting Auburn roughly at a $15.2M profit. Auburn in FY '15 finished with a $9M profit, but ran a $13.6M deficit in FY '14 and "hadn’t been in the black" since FY '12. The revenue of $140M is the "highest in the past three years." Ticket sales "across the board" went up by roughly $2M to $32.16M in FY '16. There was an "increase in ticket sales revenue in baseball, both men's and women's basketball, football and softball." Auburn also received a $6.58M increase in "revenues from media rights, which mostly comes from the sharing revenues from the SEC Network." Auburn this past school year brought in $33.9M in radio, TV, Internet digital and e-commerce rights. That number in FY '15 came in at $27.3M (OPELIKA-AUBURN NEWS, 2/16).