Showing the power of college football, and the Southeastern Conference in particular, 10 of the top 17 schools that netted the most total revenue in 2014-15 were SEC schools, per USA Today Sports’ database of college revenues.
The list is led by Texas A&M, which amassed $192.6 million in revenue vs. expenses of just $109.3 million, per the database. The Aggies have done well because of donations and ticket sales related to the improvements and expansion of Kyle Field, which now holds over 102,000 fans: the most in the conference.
But Texas A&M isn’t sitting on an $80-million surplus. The NCAA’s figures do not take into account expenditures related to stadium improvements like those done at Kyle Field. If they did, the school would have a surplus of approximately $7 million, USA Today notes.
Alabama, Florida, LSU and Tennessee were also in the top 10, and five other SEC schools (Auburn (11th), Kentucky (14th), Georgia (15th), Arkansas (16th) and South Carolina (17th) were among the top 20.
Missouri (No. 30), Ole Miss (No. 34) and Mississippi State (No. 45) rounded out the conference. Vanderbilt was not included because it is a private school and thus not obligated to share financial information publicly.
Though USA Today notes that spending is outpacing revenues, no SEC school operates on a deficit. Kentucky was closest to break even, with approximately $116.5 million in revenue and $115.1 million in expenses. Every other school made at least $4 million dollars more than they spent.