For the first time in its history, the Nebraska Athletic Department generated more than $200 million in revenue during a fiscal year, according to NU’s annual report to the NCAA.
The report, obtained via a record request, reveals Nebraska generated $204,831,356 in revenue between July 1, 2022, and June 30, 2023. NU typically submits the report in December and provides copies in mid-January.
The FY23 revenue is $61 million more than the $143 million generated in FY22. The majority of that gap, NU officials confirmed Thursday, can be attributed to nearly $61 million in contributions from fans and boosters related to the department’s new $165 million football building, tabbed the Go Big project, that will eventually also house NU athletics’ cafeteria and study spaces.