Ole Miss athletics reported a “deficit” of $7,714,598 for FY 2024, according to Michael Katz of the Northeast Mississippi DAILY JOURNAL. The school’s total operating revenue for 2024 was $149,304,681, while its operating expenses totaled $157,019,279. The Ole Miss football program “made money,” bringing in $18,138,105 for the year. Baseball also “ended the year in the green with a surplus” of $1,061,644. Both basketball programs “had deficits,” with the men’s program at a $1,355,404 deficit and the women’s program at a $7,548,655 deficit. Ole Miss AD Keith Carter said, “Just because we show a deficit there in that report doesn’t mean that we don’t have the funds to plug those holes in other ways.” He added, “We know that, obviously, currently and for sure in the future as we have to plug in even bigger numbers from a rev share perspective, this is going to be a challenge for us. But we’re up for that challenge” (Northeast Mississippi DAILY JOURNAL, 2/4).
Ole Miss athletics reports $7.7M deficit for FY 2024
