- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Tennessee’s Athletic Budget has $4M Deficit
by Larry Leo
August 28, 20122 Comments
The 2011-12 fiscal year has closed for the University of Tennessee department of athletics, and the department is reporting a $3.98 million deficit for the year. The department, which receives no public dollars from the state of Tennessee, took in $106,485,376 in revenues against an expense total of $110,466,652 during the last fiscal year.
To fund this deficit, the UT department of athletics has utilized a substantial portion of its reserve, reducing the amount in the fund to slightly less than $2 million dollars.
To fund this deficit, the UT department of athletics has utilized a substantial portion of its reserve, reducing the amount in the fund to slightly less than $2 million dollars.
Filed Under: SEC Sports
Related:
Originally published on SECRant.com
Popular Stories
Follow TigerDroppings for LSU Football News