Pac-12 finances: Utah does Utah things, sets revenue record, books another profit

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Pac-12 finances: Utah does Utah things, sets revenue record, books another profit
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Powered by their football program, the Utes booked more than $125 million in revenue and reported an operating surplus to the NCAA.

Years of evidence leads to only one possible conclusion about the state of affairs in Salt Lake City: Utah’s athletic department budget, like its football team, can only be knocked off course by a health crisis.

The Utes booked a school-record $126.3 million in revenue against $124.5 million in expenses for a profit of $1.8 million. The Utes received $10.2 million of the former and $6.1 million of the latter last year. The total campus support of $16.3 million was about $5 million more than in previous years and slightly above the conference’s average of $13.7 million.When the campus support was removed from the revenue total, Utah showed an operating loss of $14.5 million. That looks bleak, if not dire, until you compare the figure to others across the conference: Only Oregon and Washington were in better position.

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