The University of Florida athletics program ranked third nationally in 2015-16 with a $20.1 million surplus, a USA Today database release revealed.
The Gators athletics program generated $141.million in total revenue, the eight most in the nation, while having expenses of just $121.3 million.
Texas A&M (1), Alabama (4) and LSU (7) finished ahead of Florida in total revenue, with the Aggies also having the nation’s largest surplus ($57 million).
Every SEC program that reported revenues and expenses (Vanderbilt is a private university and was not included in the database) generated a surplus.
The Florida State University athletics program, however, didn’t have a profitable year.
With a budget of $115.6 million, the FSU athletics program recorded profits of $113.8 million in 2015-16.
UF recently approved a $128.2 million budget for the 2017-18 season.