Ohio State reports athletics budget deficit of nearly $38 million from 2024 fiscal year
The Ohio State athletic department's budget deficit from the 2024 fiscal year was $37.7 million, according to figures it submitted to the NCAA.
Ohio State's Athletics Department saw a $37.7M deficit last year
Ohio State University 's Athletics Department recorded a $37.7 million deficit last year – its first year in the red since the pandemic. Still, the department said in a press release that its "past earnings, reserve funds and anticipated future earnings are projected to cover the ... shortfall."
Ohio State athletics reported a deficit of nearly $38 million last fiscal year. Here’s how the Buckeyes handle it
Ohio State athletics recorded a deficit of nearly $38 million in its 2024 fiscal year report. Here's how the Buckeyes will handle the loss.
Report: Ohio State Spent $293M on Athletics in 2024; $28.5M on CFB Coaches amid Title
Having success in college athletics means a willingness to spend money. Ohio State's athletic department was no exception last year. Per Sportico's
Ohio State athletics reports 2024 operating expenses of $292.3 million and deficit of $37.7 million
Ohio State reported an operating deficit of $37.7 million with expenses totaling $292.3 million during the 2024 fiscal year.
Report: Ohio State athletics operated at $37 million deficit last year
Ohio State’s athletic department reported an operating deficit of more than $37 million during the most recent fiscal year, according to a report from The Columbus Dispatch. “The athletic department spent a record $292.
Why Ohio State athletics revenue was down in the 2024 fiscal year and expenses were up
Ohio State's athletics department made nearly $25 million less in revenue than in the 2023 fiscal year. And there is a simple explanation.
Ohio State athletics department reports nearly $38 million deficit in fiscal year 2024
After an incredible season for the university's football program, the athletic department reported a deficit of nearly $38 million for the 2024 fiscal year.
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