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USA Today updated their database of athletic department financials for 2014. Who knows what kind of accounting shenanigans go on behind the scenes, so take the info with a grain of salt. For more on USA Today's methodology which involves open records requests, click here.
Texas A&M ranks 10th overall in Total Revenue with over $119 million, just shy of the all-time record in 2012. Texas A&M's expenses at $95 million were over $10 million greater than any prior year. Subtracting Total Expenses from Total Revenue, A&M shows nearly $24 million in profit. This ranks 4th among schools.
Top 25 Athletic Departments by Profit
| Rank | School | Conference | Total Revenue | Total Expenses | Profit | Subsidy |
|---|---|---|---|---|---|---|
| 1 | Oregon | PAC-12 | $196,030,398 | $110,378,432 | $85,651,966 | $2,155,099 |
| 2 | Alabama | SEC | $153,234,273 | $120,184,128 | $33,050,145 | $5,997,100 |
| 3 | Ohio State | Big Ten | $145,232,681 | $113,937,001 | $31,295,680 | $0 |
| 4 | Texas A&M | SEC | $119,475,872 | $95,663,483 | $23,812,389 | $1,241,457 |
| 5 | Oklahoma | Big 12 | $129,226,692 | $113,366,698 | $15,859,994 | $0 |
| 6 | Michigan | Big Ten | $157,899,820 | $142,551,994 | $15,347,826 | $256,316 |
| 7 | Florida | SEC | $124,611,305 | $109,690,016 | $14,921,289 | $4,308,442 |
| 8 | Washington | PAC-12 | $100,275,187 | $86,097,137 | $14,178,050 | $3,549,679 |
| 9 | Georgia | SEC | $103,495,587 | $92,560,956 | $10,934,631 | $3,274,712 |
| 10 | LSU | SEC | $133,679,256 | $122,945,710 | $10,733,546 | $0 |
| 11 | Kansas State | Big 12 | $72,935,044 | $62,576,606 | $10,358,438 | $1,347,921 |
| 12 | Oklahoma State | Big 12 | $117,803,302 | $109,648,000 | $8,155,302 | $7,521,475 |
| 13 | Mississippi State | SEC | $62,275,111 | $54,388,802 | $7,886,309 | $2,650,000 |
| 14 | Kansas | Big 12 | $97,681,066 | $90,056,511 | $7,624,555 | $2,564,374 |
| 15 | Texas Tech | Big 12 | $76,723,413 | $69,659,608 | $7,063,805 | $4,086,756 |
| 16 | Texas | Big 12 | $161,035,187 | $154,128,877 | $6,906,310 | $0 |
| 17 | North Carolina State | ACC | $70,500,811 | $63,958,569 | $6,542,242 | $6,708,651 |
| 18 | Utah | PAC-12 | $56,470,310 | $50,531,606 | $5,938,704 | $9,862,106 |
| 19 | Florida State | ACC | $104,774,474 | $98,866,182 | $5,908,292 | $7,980,366 |
| 20 | Air Force | Mt. West | $46,577,840 | $41,438,813 | $5,139,027 | $30,892,609 |
| 21 | Army | Patriot | $37,143,082 | $32,532,108 | $4,610,974 | $12,645,286 |
| 22 | Central Florida | AAC | $49,764,152 | $45,327,168 | $4,436,984 | $22,843,166 |
| 23 | Arizona | PAC-12 | $99,911,034 | $95,524,260 | $4,386,774 | $7,901,134 |
| 24 | Indiana | Big Ten | $84,668,779 | $80,386,732 | $4,282,047 | $3,008,362 |
| 25 | Nebraska | Big Ten | $94,797,692 | $90,939,273 | $3,858,419 | $0 |