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Carolina Athletics Makes Tiny Profit in 2015

Carolina made a net profit of $47,413 in 2015 for a 0.05% profit margin according to data obtained and released by USA Today Sports. The Heels posted their smallest profit of the Bubba Cunningham era and netted the least amount of money since the Tar Heels lost $842,000 in 2007. The Heels saw both their revenue and expenses increase with each breaking the $89,000,000 mark. This past year continues a trend for Cunningham who has kept the profit made by the Heels small over his tenure as Athletic Director.

On the revenue side the Tar Heels saw a 10% decline in ticket sales which corresponds with the lack of attendance at the major revenue sports throughout most of 2015.