Texas A&M leads NCAA with $192.6 million in revenue for 2014–15
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The Texas A&M athletics department led the NCAA in annual operating revenue for 2014–15, hauling in $192.6 million, according toUSA Today.
The total is the third-highest recorded single-year operating revenue for a school, and the first time that the Aggies have led the NCAA, since USA Today began reporting financial data for Division I public schools.
Just under half of the total revenue, $92 million, came in the form of donations to the athletics department. $58.5 million of this was earmarked for the redevelopment of Kyle Field, according to athletics department CFO Jeff Toole.
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$45.8 million in revenue came from ticket sales, of which football made up 70% of the total. Kyle Field currently holds 102,733 spectators, making it the fourth–largest stadium by capacity in the NCAA.
The school reported $109.3 million in expenses, but Toole estimated that the actual annual surplus was about $7 million once spending on projects was taken into account.
The Aggies surpassed in-state rival Texas on the total revenue list. The Longhorns reported total revenue of $183.5 million for 2014–15.
Of the 231 public schools in Division I, 24 reported operating revenues of at least $100 million.
