Hundreds of college athletic departments operate in the red on an annual basis, but Alabama is not one of them.
The school’s football team raked in more than $95 million in 2015, with a final profit of nearly $46.5 million after expenditures, according to a report by Rivals.com‘s Aaron Suttles.
Nick Saban’s squad provided the boost needed to get Alabama’s athletic department in the black.
The Crimson Tide wound up with a profit totaling approximately $16.6 million. That’s the figure left over from approximately $148.9 million in operating revenue and $132.3 million in expenses.
Suttles noted that Alabama’s biggest moneymakers were — all numbers approximate — ticket sales ($37 million), contributions ($20 million) and broadcasting fees ($20 million).
Last year, the athletic department profited roughly $33 million, up nearly $6 million from the 2012-2013 fiscal year, according to AL.com‘s Michael Casagrande.