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Alabama Sees Record Athletics Revenue Of $177.5M For FY '18

Alabama reported a $10.9M surplus in its official NCAA budget report for FY '18GETTY IMAGES

The Univ. of Alabama's "total athletics revenue" for FY '18 was $177.5M -- up from FY '17's $174.3M that was "then a school record," according to Michael Casagrande of the BIRMINGHAM NEWS. UA reported a $10.9M "surplus in its official NCAA budget report" for FY '18, which is down from the $15.6M it "made a year earlier even as revenues climbed" by more than $3M. The decline in surplus "wasn't a result of the football program," as UA football had a profit $48.2M -- up more than $2M over FY '17 -- and revenue of $111.1M. Revenue "climbed in media rights" up $2.2M to $46.1M, royalties up $1M to $13M and "investment income jumped" from $1.2M to $6.9M. Expenses "also climbed" $8M in FY '18 (AL.com, 1/16).

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