How South Carolina athletics made money despite football profit dropping $10M
South Carolina athletics had its biggest surplus in six years, making $1.3 million in fiscal year 2025. But football profit dropped by $10 million
COLUMBIA — South Carolina athletics had its biggest surplus in six years, making $1. 3 million in fiscal year 2025 even though the football program's profit dropped by $10. 1 million.
It was South Carolina's largest surplus since 2019, when the athletics department made $3. 8 million. According to documents obtained by The Greenville News , South Carolina's financial report shows total revenue of $204,566,524 and total expenses of $203,259,302 in fiscal year 2025, which runs from July 1, 2024 to June 30, 2025.
In fiscal year 2024, South Carolina athletics lost $194,175. In fiscal year 2025, athletics spent $19. 6 million more than 2024 but had $21.
1 million more in revenue. South Carolina's athletic department had a surplus of $69,238 in 2023 and deficits of $3. 7 million in 2022, $11 million in 2021 and $765,306 in 2020.
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