LAS VEGAS – The Wolf Pack is back in the black.
After posting a fiscal year surplus in 2015, the Nevada athletic department did even better in 2016.
The Wolf Pack had a $135,000 surplus in fiscal year 2016, Nevada athletics chief financial officer John Nunn told the Reno Gazette-Journal on Tuesday, just a few days after the fiscal year closed.
That $135,000 profit is the Wolf Pack’s largest in at least the last decade and it marks back-to-back surplus for the first time since the mid-2000s. Under athletic director Cary Groth, whose departments received major state cuts starting in 2007, the Wolf Pack constantly ran a deficit, building up a debt of $3.