Texas athletics both generated revenue and had operating expenses of more than $300 during the fiscal year of 2024.

It comes at no surprise that the Texas Athletics program is boasting the No. 1 operating budget and revenue across all college sports.

Always among the financial heavyweights in college sports, Texas set a pair of athletic department records in the 2024 fiscal year, which ended on Aug. 31. The Longhorns reported record totals for both revenue and expenses,

Ohio State's athletics department made nearly $25 million less in revenue than in the 2023 fiscal year. And there is a simple explanation.