UGA athletics generates nearly $100 million in revenues | Online Athens

The University of Georgia Athletic Association had another good financial year, UGA Vice President for Finance and Administration Ryan Nesbit said Friday.

The association is the nonprofit corporation that operates the university’s NCAA sports programs. As UGA finance vice president, Nesbit also acts as the treasurer of the corporation.

The association had $98.9 million in revenues in the 2013 fiscal year, according to unaudited figures, Nesbit told the athletic association board that met Friday in Athens.

Against the $98.9 million in revenues, the association had $86 million in operating expenses and about $9.6 million in non-operating expenses, mainly debt payments.

That left the association with a $2.2 million surplus to add to the association’s accumulated reserves.

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