State College, PA - Centre County - Central Pennsylvania - Home of Penn State University

Penn State Ranked Ninth In Total Revenue For 2017-18 Fiscal Year

by on August 12, 2019 1:31 PM

Penn State athletics pulled in over $165 million in revenue during the 2017-18 fiscal year, a figure that is ninth best in the nation according to a USA Today database released on Monday morning.

As per most years, Texas finished atop the list with nearly $220 million in athletics revenue while Ohio State and Michigan both finished inside the top five at No. 3 and No. 4 respectively. 

According to Penn State athletics' financial report to the NCAA for the 2017-18 fiscal year, Penn State football brought in more than $100 million in revenue, dwarfing previous figures. The Nittany Lions took in $34 million from ticket sales alone and $32.65 million for media rights.

The official total per the report sits at $100,240,568 million for the fiscal year ending June 30, 2018, which is up from 2016-17 when the program brought in $81.2 million and just $68 million in fiscal year 2013-14. Football costs were just over $45.2 million.

StateCollege.com reported on these figures earlier this year. In total, Penn State experienced a revenue increase of nearly $100 million since the earlier reported figure in 2005 and a $20 million increase during the previous, 2016-17 fiscal year.

You can see the top nine schools on the USA Today's database below, and read the entire report here.

                                    Revenues       Expenses

Content Sponsor

1 Texas Big 12 $219,402,579 $206,554,432

2 Texas A&M SEC $212,399,426 $165,782,418

3 Ohio State Big Ten $205,556,663 $203,809,715

4 Michigan Big Ten $195,769,104 $183,414,032

5 Alabama SEC $177,481,937 $166,533,013

6 Georgia SEC $176,699,893 $133,941,585

7 Oklahoma Big 12 $175,325,500 $152,674,475

8 Florida State ACC $168,177,850 $158,375,459

9 Penn State Big Ten $165,373,214 $155,184,697

 



Ben Jones covers Penn State football and basketball for StateCollege.com. He's on Twitter as @Ben_Jones88.
Next Article
Ag Progress Days Offers Activities for All
August 12, 2019 12:38 PM
by Geoff Rushton
Ag Progress Days Offers Activities for All
Comments
Disclaimer: Copyright © 2019 StateCollege.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

order food online