Buoyed by a spike in the media-rights payout from the Southeastern Conference, University of Missouri athletics revenue reached a record $97,275,839 during the 2016 fiscal year.
Total operating expenses also reached a record level between July 1, 2015, and June 30, 2016, according to a copy of the Tigers’ NCAA Agreed-Upon Procedures report obtained by The Star.
Missouri claimed more than $91.2 million in revenue for the 2015 fiscal year, which also was a record, but revenue jumped another 5.5 percent in 2016 despite the football and basketball teams’ struggles during the 2015-16 academic year.
The athletic department’s expenses increased 8.