The Missouri athletic department spent more than it brought in during the 2016-17 fiscal year, marking the first time since the Tigers joined the SEC that the department found itself in the red, per The St. Louis Post-Dispatch.
One of the key reasons for the loss was the lack of ticket sales for sporting events. A 4-8 football season under Barry Odom and the last season under basketball coach Kim Anderson, which saw the Tigers finish 8-24 and play in front of sparse crowds in Missouri Arena meant a major deficit in sales.
This loss comes even with the department bringing in the most money in school history, earning more than $97.8 million in revenue. Spending outweighed the money coming in, though, as the department spent more than $102.4 million, almost 9% more than the previous year.