Alabama maintains lead over Auburn in revenue and spending in 2023 fiscal year
Alabama and Auburn are out with their financial reports from the 2023 fiscal year, and the Crimson Tide are on top again.
Alabama brought in $199.9 million in total revenue, though that doesn’t include $14.3 million in gifts from FY 2023, which were collected but not expensed, AL.com reported. Auburn came in at $195.3 million in revenue. The Tigers had an athletics department surplus of $3.3 million.
The Crimson Tide finished at a deficit for the fiscal year, without the uncounted gifts. The Crimson Tide reported spending $212 million in FY 2023, showing a $12.1 million deficit.
In the 2 big sports, football and men’s basketball, Alabama outpaced Auburn with $129.3 million compared to $126.7 million. The Tide spent $83.3 million on football, which leaves a $46 million surplus, with Auburn had $71.1 million in football expenses and a $55 million surplus.
On men’s basketball, the Tigers spent more than the Tide even though they brought in less revenue. Alabama reported spending $2.8 million on men’s basketball, which brought in $20.6 million, while Auburn spent $4.2 million, collecting $19.2 million.
In the area of coaching and support staff, Alabama reportedly spent $37.3 million on coaches and $38.5 million on support staff, while the Tigers came in at $32.5 million and $32.9 million respectively in those categories