Auburn reports record revenue, multi-million dollar profit for 2019
The Auburn Tigers had a great 2019 year, especially when it came to finances.
According to documents obtained by AL.com, the Auburn athletic department had a record-setting year in terms of revenue.
Per the report, the $152.4 million in reported revenue was a record, leading to a huge $13.2 million profit:
The department recorded more than $152.4 million in revenue and nearly $13.2 million in profit for the fiscal year, according to a copy of the university’s annual NCAA financial report obtained Thursday by AL.com through a Freedom of Information Act open-records request.
The total revenue for the fiscal year reported by Auburn was $152,455,416, which represents an increase of nearly $5 million year over year and the highest revenue total in program history. It’s the sixth straight year that Auburn has seen an increase in overall revenue in the athletics department, according to AL.com records.
College athletics are more profitable than ever, and Auburn has been solid in a number of major sports recently.
Will the good times keep going in 2020?