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Texas Posts $23.3 Million Athletic Deficit as Record Spending Meets Reduced SEC Payout

The school says revenue sharing scarcely affected the latest report because payments began in July and covered only two months.

Overview

  • The athletic department reported $352.5 million in revenue against $375.9 million in expenses in FY25, resulting in a roughly $23.3 million loss.
  • Because Texas and Oklahoma entered the SEC a year early, they received $12.5 million each versus $60.1 million for other members, with Texas expecting a full share in the 2026 cycle and added TV money in 2027.
  • Athlete revenue sharing totaled $3.2 million in FY25 since payments began July 1, and Texas sets its FY26 cap at $18 million after scholarship expansions.
  • Major outlays included about $94 million for facility debt and rental fees, $53 million in coaching pay, $50.3 million for support staff, $35 million for marketing and fundraising, and $15 million for travel.
  • Texas entered the planned shortfall with more than $46 million banked and reports over $30 million still in reserves, while football produced nearly $107 million in profit as men’s basketball posted a loss after a coaching change and buyout.