Athens (Ga.) Banner-Herald
Georgia athletics brought in nearly $31 million in operating surplus for the fiscal year that ended at the end of June, a robust total nationally but a decrease of $12.02 million from the previous year. Part of the decrease was caused by a major increase in spending on college football recruiting.
The school reported $174,042,482 in operating revenue and $143,299,554 in operating expenses, according to Georgia’s annual NCAA financial report obtained by the Athens Banner-Herald on Monday.
The report covers the period from July 1, 2018 through June 30, 2019.