Football carries the dollar load for LSU athletics

Football generated $74.2 million for the LSU Athletic Fund in the fiscal year ending last June 30, according to an annual audit report filed Monday. Football expenses totaled $25.8 million. The $29 million difference helped pay for other athletic activities at the university.
The department’s total operating revenue was $117.4 million. Total expenses, including a $4.6 million transfer to the institution, were $109.9 million
According to the audit, other revenue sources were men’s basketball, $7.8 million; women’s basketball, $434,457; other sports, $7.9 million and non-program specific income, $26.9 million.
Football revenue from ticket sales was $33.1 million. Men’s basketball ticket sales totaled $1.4 million and women’s basketball revenue was $250,811. Other sports ticket sales totaled $2.9 million and non-program specific tickets were $1.1 million. Ticket sales totaled $34.9 million.
The football fund numbers are substantial when compared to the revenues/expenses of the other sports.
Football generated $21.7 million in contributions, $635,000 in third-party revenue, $15.9 million in NCAA/conference distributions, including all tournament revenues and $2.7 million in program sales, concessions, etc.
On the expenses side, coaching salaries and benefits paid by the university totaled $18.7 million for all sports. Football accounted for $9.5 million of that, men’s baskettall $2.1 million, women’s basketball $1.5 million and all other sports $5.5 million.
Additionally, third-party coaching compensation totaled $927,000, with $621000 going for football.
Other salary costs (support staff/administrative) totaled $15.7 million.
Athletics student aid costs were $11.2 million.
Facilities care, maintenance and rental totaled $18.1 million.
Football and men’s basketball revenues covered program costs, other segments did not.
Football showed a margin of $25.8 million.
Men’s basketball generated $7.8 million and spent $5.2 million.
Women’s basketball took in $434,000 and spent $3.5 million.
Other sports generated $7.99 million and spent $20.6 million.
Non-program specific income was $26.9 million and expenses were $54.7 million.
The contributions for the various program included $10.1 million from Tiger Athletic Foundation, $2.7 million of which went to football, and an equal amount in earmarked spending by the various programs.

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