Not that it matters much here, but LSU had a $9.6 MM deficit for FY 2021

[psuro]

... I think someone once posted on other schools including PSU, but thought this was interesting....

LSU athletics suffers $9.6 million operating deficit in 2021 fiscal year. Here's why.

LSU athletics lost significant revenue in 2021 fiscal year when compared to 2020.

www.yahoo.com

 

[86ed]

Looks like it was mainly due to a decrease in ticket sales because of the pandemic. Question is, is the Athletic dept on the hook for Coach O’s buyout or have some boosters stepped up to pay that?

 

[GrimReaper]

... I think someone once posted on other schools including PSU, but thought this was interesting....

LSU athletics suffers $9.6 million operating deficit in 2021 fiscal year. Here's why.

LSU athletics lost significant revenue in 2021 fiscal year when compared to 2020.

www.yahoo.com

Which is really $33mm considering that it includes a $23mm advance of future TV revenue from the SEC.

 

[GrimReaper]

Looks like it was mainly due to a decrease in ticket sales because of the pandemic. Question is, is the Athletic dept on the hook for Coach O’s buyout or have some boosters stepped up to pay that?

Buyout is likely to be reflected in next year's numbers. Regardless of the source of funds, it will almost certainly run through the AD's books unless the boosters are numbskulls. I take that back: it's Louisiana so the probability is 50:50 that it goes through LSU's books.