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Arizona reports $36.2M in FY24 athletic subsidies amid deficit woes

February 13, 2025

By Daniel Libit, Eben Novy-Williams, Sportico: The University of Arizona reported $36.2 million in athletic department subsidies during the 2023-24 fiscal year—likely among the highest in the country—as the department’s money-losing history took center stage across campus.

According to a copy of the school’s latest financial disclosures to the NCAA, which was obtained by Sportico, the cash-strapped university handed its athletic department $10.5 million in direct institutional support, $22.3 millionin indirect institutional support and $3.4 million in student fees.

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