The University of Wisconsin-Madison athletic department spent the second-highest amount of money on its athletic program among public universities in 2013, trailing only the University of Texas, according to new figures compiled by USA Today.
UW generated $149.14 million in revenue through athletics and spent $146.7 million, USA Today said. Texas collected $165.7 million and spent $146.8 million.
Wisconsin’s expenditures jumped more than $44 million in 2013 primarily due to higher buildings and grounds costs. However, UW’s contributions, which count as revenue, increased almost as much, by about $39 million.
UW ranked first among Big Ten schools. Michigan was fourth overall with $131 million in expenditures and $143 million in revenue and Ohio State was fifth overall with $116 million in expenses and $139.7 million in revenue.