With eight games on the football schedule, approved alcohol sales at football, basketball, and hockey games and the Big Ten adding four universities (UCLA, USC, Oregon, Washington, Michigan expects to have a surplus of funds for the fiscal year. Michigan football will host Washington, USC, and Oregon this season.
Per a release from Michigan, the athletics department dove into their budget along with expenditures and sources of expected profit.
Read part of the statement below, Click Here for the entire release.
For the current fiscal year, the athletic department projects a slight operating surplus of $0.