The Missouri athletic department operated at a loss for the second straight fiscal year, MU athletic director Jim Sterk told reporters on Monday.
The 2017-18 fiscal year ran through June, and Sterk said the operating loss is “about the same as the year before,” when the department spent $102,409,131 and generated $97,848,195, thanks in large part to lagging ticket sales. He had predicted operating in the red during the 2017-18 fiscal year when he met with reporters in March.
According to USA Today’s most recent database of Division I athletic departments' finances, Mizzou ranked 32nd in revenue and 30th in expenses during the 2016-17 fiscal year.