Total expenses:$111.8M

Football
Revenue: $77.7M
Expenses: $40.0M

Basketball
Revenue: $11.9M
Expenses: $11.3M

All other programs lost money.

Other highlights:

PAC 12 distribution: $41.3M*

Ticket sales (all sports): $15.2M

Donations: $28.5M

Student Fees: $5.3M

Direct institutional support: $5.3M

Debt service payment on bonds for new/renovated facilities: $2.0M

Recruiting expenses: $1.9M (all sports)

Reserves: $55.5M

Reserves are in the following categories:

Unrestricted: $18.8M
Facilities Restricted: $33.9M
Sport Restricted: $2.7M

The facilities reserves are to be used for future debt service payments, if needed. During the fiscal year, reserves were used to fund the shortfall of $33M in operating revenue, incurred during the previous (Covid) year.

* reported on the “Pac-12 Distributions,” “Media Rights,” “NCAA Distributions,” and “Bowl” revenue line items.

https://reporting.auditor.utah.gov/servlet/servlet.FileDownload?file=0151K000007WEstQAG