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Auburn football makes $50.7 million profit during 2015-16 fiscal year

Related Topics: Financial statement, Fiscal year

Auburn football made a substantial profit during the 2015-16 fiscal year.

According to the school’s annual financial report obtained by the Opelika-Auburn News on Wednesday, Auburn football made a roughly $50.7 million profit. The program generated $92.5 million in total revenue with operating expenses at $41.8 million.

Auburn football’s total revenue also marked a roughly $6.2 million increase from the $86.2 million it made during the previous fiscal year.

Collectively, Auburn athletics made $140 million in total revenue with operating expenses at $124.8 million to give the school a $15.2 million profit overall. Based on the report, Auburn’s 2015-16 fiscal year lasted from July 1, 2015-June 30, 2016.