LSU Athletics To Transfer Over $10 Million To University

LSU Vice Chancellor and Athletic Director Joe Alleva announced Monday that the Athletic Department will transfer over $10 million this fiscal year to other components of the university. Per LSUSports.net:

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“Our athletic department is sincerely committed to supporting the academic mission of the university, and we’re extremely proud to transfer over $10 million this year,” Alleva said. “These funds provide vital resources for our students, faculty and staff, and they help to sustain LSU as one of the top research institutions in the country.”

The athletic department has contributed a total of $43.5 million to the LSU-Baton Rouge campus over the past five fiscal years.

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The payback from the Athletic Department is separate from the $13.2 million each year for student-athlete scholarships.

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