According to the NCAA Membership Financial Reports sent by Auburn University yesterday afternoon, Auburn’s total operating revenues came in at more than $140 million while the operating expenses came in at $124.8 million, putting Auburn roughly at a $15.2 million profit. The report is for the 2016 fiscal year, which runs July 1, 2015-June 30, 2016.
Auburn finished 2015 with a $9 million profit.
There was an increase in ticket sales revenue in baseball, both men’s and women’s basketball, football and softball. Ticket sales went down in gymnastics and Auburn lost more than $83,000 in swimming and diving. On the heels of an appearance in the Women’s College World Series, Auburn softball saw the biggest boost of any sport, men’s or women’s. In 2015, $144,457. In 2016, that grew to $265,745, an increase of $121,288. It is the highest ticketed women’s sport on campus and fourth overall to football, men’s basketball and baseball, in that order. Coaching salaries rose from $21.1 million to $22.5 million. Auburn’s severance payments to former coaches dropped. While Auburn had to pay $87,853 toward baseball severance payments, Auburn reduced its severance payments in basketball from $1.01 million to $822,938. Also, football decreased its payouts from $3.6 million to $2.4 million.
>> One of the biggest increases on the report was the column listed as “guarantees”— That number in 2015 was $458,000. But In 2016 that number was $3.24 million. A majority of that increase was Auburn football’s participation in the Chick-fil-A Kickoff Classic in Atlanta against Louisville.