Auburn reported a $2.8M "net surplus" for FY 2024, "down slightly" from the previous year’s total, according to Peter Rauterkus of AL.com. The university reported $194,360,814 in revenue for the fiscal year. The athletics department spent $191,558,771. Both numbers are "down slightly" from FY 2023, where the department "reported a similar, but slightly higher net surplus" of $3.2M. Rauterkus noted this marks the third year in a row the overall surplus "has decreased." Auburn football "still leads" the financial charge with the program reporting $121.1M in revenue and $60.8M in expenses in FY '24. Men’s basketball brought in $21M in FY '24 and spent $15.7M, "creating a surplus" of $5.3M (AL.com, 1/28).
Auburn reports $2.8M surplus for FY '24 with $194M revenue
