Another fiscal year meant even more cash flowing through Arkansas State's athletic department, according to the most recent NCAA financial reports.
ASU's athletic spending rose to a record $43.1 million in fiscal 2016, an increase of almost $14 million or 47.6 percent from fiscal 2015, and it has grown from $16.3 million in fiscal 2013, according to documents ASU is required to file annually with the NCAA.
The rise in spending could put ASU at the top of the Sun Belt Conference. According to USA Today, ASU's $29.2 million of expenses ranked third in the Sun Belt in 2015.