Alabama reports $33 million surplus, while Auburn reports $13.6 million deficit
By Kevin Duffey
Published:
While the Iron Bowl is a massive on-the-field rivalry, things couldn’t be wider off the field for the schools’ athletic financials, according to reports from AL.com.
Alabama athletics reported a $33 million operating surplus in 2013-14. Alabama’s revenue was $153,234,273, and the reported expenses were $120,184,128, leaving the athletic department with a $33,050,145 surplus, a $6 million increase from the previous year.
Football was obviously the big revenue driver for the Crimson Tide, racking up over $36 million in revenue, compared to nearly $35 million in expenses.
Conversely, Auburn University reported a $13.6 million deficit in 2013-14. Auburn recorded $113,716,004 in revenue, while expenses jumped to $127,340,380, leaving the athletic department with the $13.6 million deficit.
It’s the second year in a row the Tigers have reported a deficit. Last year’s deficit was $865,994, which is a drop in the bucket compared to the new deficit.
Of course, Auburn is still paying Gene Chizik’s buyout, along with his former assistants’ buyouts, which helped attribute to the deficit.
You can read the full report on Alabama here and Auburn here.
A graduate of the University of Florida and founder of Saturday Down South, Kevin is a college football enthusiast.
