Ohio State reported annual operating athletics revenue of $251.6 million during the 2022 fiscal year, a record total for its athletic department .
Ohio State’s athletic department reported revenue surpassing just a quarter of a billion dollars during the 2022 fiscal year as it rebounded from the decline posted during the height of the coronavirus pandemic.
The amount trailed only Oregon, which amassed $391.8 million in revenue in 2020 in large part due to a “one-time non-cash gift” of a renovation of its renown Hayward Field track-and-field facility valued at $270.05 million. Oklahoma State also reported $241.4 million in operating revenue in 2006 in the aftermath of a $165 million donation from mega-booster T. Boone Pickens. The figures are not adjusted for inflation.
Men’s basketball realized $5.2 million ticket sales after it went through the previous season with similar attendance restrictions at Value City Arena. It took in $48.9 million in media rights revenue, including $36.5 million attributed to football and $12.4 million to men's basketball. Its media rights revenue was $40.6 million during the 2021 fiscal year, following $46.8 million in the 2020 fiscal year that been its previous high.
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