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2015-16 was the first time this decade the UA athletic department’s expenses surpassed its revenue

According to the latest NCAA financials compiled and released by USA Today, 2016 was the first year since 2005 in which the University of Arizona athletic department failed to turn a profit.

Arizona Athletics brought in $85,356,236 — which ranked 39th among public schools in the country — but had expenses of $87,254,614.

Among Pac-12 schools, Arizona finished behind Oregon (23), Washington (25), UCLA (29), and Arizona State (35). USC and Stanford, both private schools, do not have to disclose their financial statements.

Assuming USC and Stanford’s revenues are greater than Arizona’s, this puts the Wildcats seventh in the Pac-12 in revenue.