January 24, 2025
By Joe Coles, Deseret News: Utah Athletics had a budget deficit of $17 million, according to the school’s latest financial report.
For financial year 24, which ranges from July 1, 2023 through June 30, 2024, the Utah athletics department reported a $17,041,625 budget shortfall, the first deficit in quite a while.
The university posted record revenue of $115.7 million in FY22 and $126.3 million in FY23, but for FY24, Utah’s revenue shrank to $109.8 million.
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