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LSU Athletics loses over $10.5M in 2021 despite football program generating over $37M

3 months 3 weeks 17 hours ago Wednesday, January 26 2022 Jan 26, 2022 January 26, 2022 9:07 AM January 26, 2022 in News

BATON ROUGE - The LSU Athletic Department lost more than $10 million in 2021 despite the football program bringing in over $37 million, according to a new report from the Louisiana Legislative Auditor’s Office.

"The university’s Statement of Revenues and Expenses showed the athletic department’s total revenues were $121,893,544 in fiscal year 2021 compared to total expenses of $132,515,453, resulting in a deficit of $10,621,909. The football program generated $37,409,734 in revenue and, after expenses of $30,822,136, netted $6,587,598."

Click here for the full report.

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