Ohio State reports athletics budget deficit of nearly $38 million from 2024 fiscal year
The Ohio State athletic department's budget deficit from the 2024 fiscal year was $37.7 million, according to figures it submitted to the NCAA.
Ohio State athletics reported a deficit of nearly $38 million last fiscal year. Here’s how the Buckeyes handle it
Ohio State athletics recorded a deficit of nearly $38 million in its 2024 fiscal year report. Here's how the Buckeyes will handle the loss.
Ohio State athletics reports 2024 operating expenses of $292.3 million and deficit of $37.7 million
Ohio State reported an operating deficit of $37.7 million with expenses totaling $292.3 million during the 2024 fiscal year.
Ohio State Athletics Department has $38 million deficit for 2023-24 fiscal year
The NCAA Membership Financial Report for the 2023-2024 fiscal year shows the university's athletic department had a deficit of just under $38 million.
Ohio State's Athletics Department saw a $37.7M deficit last year
Ohio State University 's Athletics Department recorded a $37.7 million deficit last year – its first year in the red since the pandemic. Still, the department said in a press release that its "past earnings, reserve funds and anticipated future earnings are projected to cover the ... shortfall."
Why Ohio State athletics revenue was down in the 2024 fiscal year and expenses were up
In the last fiscal year, Ohio State’s athletics department made nearly $25 million less in revenue than in the 2023 fiscal year. And there is a simple explanation. The university said the athletics department made just over $254 million in the 2024 fiscal year (July 1,
Ohio State athletics department reports nearly $38 million deficit in fiscal year 2024
After an incredible season for the university's football program, the athletic department reported a deficit of nearly $38 million for the 2024 fiscal year.
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