Ohio St Athletics Dept lost nearly 39 million

Harvard Gamecock

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PrestonyteParrot

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This was in 2024 alone. Now I ask, if OSU lost 37.7 million after winning a NC, how are any schools that are not considered blue bloods/upper echelon going to continue to field any teams losing that kind of money.

Ohio State athletics reports 2024 operating expenses of $292.3 million and deficit of $37.7 million​

https://www.usatoday.com/story/spor...-department-ncaa-record-spending/77976577007/
It's obvious the money game has ruined college athletics.
 

Lurker123

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This was in 2024 alone. Now I ask, if OSU lost 37.7 million after winning a NC, how are any schools that are not considered blue bloods/upper echelon going to continue to field any teams losing that kind of money.

Ohio State athletics reports 2024 operating expenses of $292.3 million and deficit of $37.7 million​

https://www.usatoday.com/story/spor...-department-ncaa-record-spending/77976577007/

The NIL money didn't come from the athletic budget, so i have to wonder what killed them so badly.

Well, from the article:

However, Ohio State's deficit is at least partially a result of a $14.6 million decline in ticket revenue that resulted from the Buckeyes having six home football games during the 2023 season after having eight in the 2022 season, and from more $8.5 million in severance costs connected to the school’s firing of men’s basketball head coach Chris Holtmann in February 2024.
 

HWGcock

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