Missouri athletics faced a deficit of just under $9 million in the most recent fiscal year, according to its annual NCAA financial report obtained by the Tribune this past week via Sunshine Law request.
The report details the department's total expenses and revenues for the 2019-20 fiscal year, which spanned from July 1, 2019, to June 30, 2020. The department reported expenses at $119.1 million compared to $110.2 million in total operating revenues.
The main reasons for the deficit are the beginning stages of the coronavirus pandemic and last year's cancellation of the NCAA men's and women's basketball tournaments, Missouri athletic director Jim Sterk said.