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52 Comments
Crystal LoGiudice-USA TODAY Sports
LSU Football made $85 million during the 2015-2016 academic year, with a profit of more than $55 million, according to The Advocate.
quote:
Tigers football made $85 million in the 2015-16 academic year, turning a profit of more than $55 million. That’s according to two documents obtained by The Advocate: an audit of the athletic department released by the Louisiana Legislative Auditor and an NCAA financial report the school released.

In football, LSU made $3 million more in tickets sales during the 2015 season as it did 2014 because of two games, the audit says: the canceled McNeese State season opener and the relocated South Carolina game.
According to the report, LSU men's basketball made $2.3 million and baseball made $1.5 million. All other sports lost money.



Filed Under: LSU Football
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Comments

52 Comments
RecentOldestTop
user avatar
gerkin
upvote0downvote0
How does beach volleyball make 40k? I didnt know lsu even had beach volleyball
Reply•76 months
user avatar
BayouBengal99
upvote1downvote0
Weren't we earning in the 100mils when we were winning all those games and playing in the big bowls? Thats a pretty big drop off
Reply•76 months
user avatar
shotcaller1
upvote0downvote0
And y'all are still poor
Reply•76 months
user avatar
DVinBR
upvote0downvote0
How does golf cost 1 million?
Reply•76 months
user avatar
pellietigersaint
upvote1downvote0
Uclub, travel, away course fees. golf isn't cheap
76 months
user avatar
Run DMC
upvote1downvote0
Wow. Football has a 65% profit margin. I would take that all day long in any business.
Reply•76 months
user avatar
Lesmilesdoesntfloss
upvote6downvote0
"That means you can say farewell to college football next fall.”-John Bel Edwards.....riiihhggtt..
Reply•76 months
user avatar
the4thgen
upvote4downvote1
While Edwards comment was dumb, his comment had nothing to do with cashflow in the athletic department.
76 months
user avatar
Deltatiger
upvote0downvote0
how is revenue from the SEC distributed in these figures? Or is it?
Reply•76 months
user avatar
pellietigersaint
upvote2downvote2
pump some money back into mens hoops you dumb arse buffoons. It generates revenue and that place will be packed with a quality product. short sighted on LSU's part. but yeah, lets pay out the arse for Caldwell. that is surely a return on investment
Reply•76 months
user avatar
GeologyGrad88
upvote1downvote0
As long as we have a dumb arse buffoon for a coach, nobody is going to watch that shite show.
76 months
user avatar
pellietigersaint
upvote1downvote2
look here you nerdy geologist. It doesnt matter if people watch. The Basketball TV money is already allocated. By putting money back into the program I meant shelling out for a real coach.
76 months
user avatar
Hester Carries
upvote0downvote4
Im interested if facility maintenance/rent/depreciation is charged to the team. If not this "profit" is largely bull shite and basically the result of a subsidy.
Reply•76 months
user avatar
Mike da Tigah
upvote2downvote2
If this were truly a business, some 80 percent of these sports would be eliminated entirely.
Reply•76 months
user avatar
BlackPot
upvote0downvote0
Holy crap LSU has some money pits.
Reply•76 months
user avatar
jeff5891
upvote1downvote2
Money pits that help reduce taxes
76 months
user avatar
Laman1978
upvote1downvote0
That many programs losing money is normal. LSU is actually one of the only schools in the entire nation that profits froma third sport. Most schools don't profit from any, some profit only from one (mostly football), and most of the remaining have two that net a profit.
76 months
user avatar
Laman1978
upvote0downvote0
That many programs losing money is normal. LSU is actually one of the only schools in the entire nation that profits froma third sport. Most schools don't profit from any, some profit only from one (mostly football), and most of the remaining have two that net a profit.
76 months
user avatar
Lexman1
upvote1downvote23
Separate entity or not. $85 million? Pay the teachers! Isn't it supposed to be student athletes? It should be athlete students. What a travesty!
Reply•76 months
user avatar
Azkiger
upvote10downvote0
The athletic department does (thanks to the profit margin of LSU football), they donate several million each year to the University.
76 months
user avatar
BobABooey
upvote1downvote4
Time to give the kids a raise!
Reply•76 months
user avatar
burke985
upvote15downvote0
How dafuq can you lose 4 million on women's hoops.
Reply•76 months
user avatar
theBru
upvote4downvote0
I can see baseball tickets going up...
Reply•76 months
user avatar
FournetteForEver7
upvote23downvote1
Time to cut womens basketball
Reply•76 months
user avatar
HuRRiCaNe MiLeS
upvote25downvote1
Cancel women's basketball
Reply•76 months
user avatar
Lexman1
upvote1downvote43
Yet they can't give the teachers a raise, and the university is going broke? Who's fat pockets is all the money going into?
Reply•76 months
user avatar
jg8623
upvote9downvote1
The athletic department is a separate entity from the university
76 months
user avatar
Sid in Lakeshore
upvote2downvote0
moron.
76 months
user avatar
Mike da Tigah
upvote0downvote0
Oh too typical...
76 months
Show 2 more replies in this conversation
user avatar
DeafVallyBatnR
upvote12downvote0
How in the world does Men's golf lose almost a Million? I can see it losing money but a million
Reply•76 months
user avatar
CHEDBALLZ
upvote3downvote0
Expenses: Coaches Salary Travel Scholarships Equipment Uniforms Income: Sponsorships ???
76 months
user avatar
CaliTigerHB
upvote27downvote1
I'm surprised baseball only profits 1.5mil
Reply•76 months
user avatar
Laman1978
upvote0downvote0
LSU, Texas, and maybe a couple of others are the only schools in the entire nation that profit from baseball. 1.5 is very good for that sport.
76 months
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