Arkansas Business

This story is from the archives of ArkansasSports360.com.

Arkansas is projecting athletic department revenues of $75.6 million for the 2012-13 fiscal year.

It’s a total budget increase of 8.8 percent from last year and includes bumps in revenue for basketball ($10.7 million) and football ($28.9 million). Football is expected to bring in $10.5 million in profit this season.

Arkansas is also projecting an additional $3.25 million in gifts and donations. Officials have budgeted for $10.79 million for 2012-13 after $7.53 million in the previous fiscal year.

Total expenses for athletics are projected to match the $75.6 million in revenues.

Below are the budget projections for the last five years: