Penn State Football Sees More Than $100M In Revenue For FY '17-18

The PSU football team had $45.2M in operating expenses for FY '17-18getty images

Penn State football brought in more than $100M in revenue for FY '17-18, "dwarfing previous figures," according to Ben Jones of STATECOLLEGE.com PSU football brought in $34M from ticket sales alone and $32.65M for media rights. The official total sits at $100,240,568 for the fiscal year ending June 30, 2018, which is up from '16-17 when the program brought in $81.2M and just $68M in FY '13-14. The football team had $45.2M in operating expenses for FY '17-18. While Penn State football is the athletic department's "biggest money maker by a wide margin," the program is joined by men's basketball ($3.7M) and men's ice hockey ($514,094) in the "positive cash flow department." In total, PSU athletics made a net profit of $10.18M in FY '17-18, thanks to a revenue stream of $165,373,274 against $155,184,697 in operating expenses. In FY '16-17, the school had $144,017,055 in revenue and $138,724,055 in expenses (STATECOLLEGE.com, 2/6).