That represents a 11.6% increase over the previous year.
Highlights from the U.S. Department of Education posting (in millions):
Football
Revenue: $46.9 (+$7.2)
Expenses: $35.3 (+$11.6)
Basketball
Revenue: $16.6 (+$8.1)
Expenses: $10.7 (+$2.8)
Revenue not allocated by sport:
$31.9 (-$6.0)
Recruiting expenses (all sports):
$1.6 (+0.9)
The department broke even last year.
Highlights from the U.S. Department of Education posting (in millions):
Football
Revenue: $39.7
Expenses: $23.7
Basketball
Revenue $8.5
Expenses: $7.9
Recruiting expense: $1.6 (+0.9)