According a report from USA Today over the weekend, the Texas A&M athletics department’s annual operating revenue for 2014-15 surpassed The University of Texas’ annual take for that year. The Aggies top the national list for the first time, knocking the Longhorns off their No. 1 perch.
For 2014-15, the Aggies’ revenue spiked to $192.6 million, according to the report. Nearly $92 million of that figure came from donations to the athletics department and $58.5 million of the funds were earmarked for Kyle Field’s redevelopment, according to the report obtained through open records requests by the newspaper.
In January, the Statesman reported that Texas’ yearly revenue was $183.5 million. The department reported a slight profit for last year – $458,367. In 2013-14, the 40 Acres reported a $2.8 million loss even though athletics brought in close to $161 million that year.
Ohio State, Michigan and Alabama rounded out the top 5 in USA Today’s report. The only other Big 12 school in the top 10 was Oklahoma at No. 8.
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