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Auburn annual financial report for 2015-16 shows $15.2 million surplus

Related Topics: Financial statement, Revenue

A large spike in revenue from Auburn’s media rights deals helped the university report a surplus of $15.2 million for the 2015-16 fiscal year in its annual financial report submitted to the NCAA.

Last year, Auburn’s annual financial report showed the department operating with a surplus of $9.2 million, the highest surplus for athletics since 2008.

The NCAA requires Division 1 member schools to submit financial data detailing operating revenues and expenses for their athletic department on an annual basis.

This year’s report detailing the revenue and expenses for the department’s 21 athletic programs (nine men’s teams, 12 women’s teams) generated revenue of $140,070,593.