According to USA Today, the NCAA posted an operating loss of $9 million in 2015, which included a nearly $76 million decrease in total revenue. It is the first loss that the NCAA has operated under in the past 11 years.
USA Today points to a severe loss in the NCAA’s investments in 2015, particularly in the month of August. Poor stock performances that month led to a yearly loss of $21 million in investments alone. This is down from investment income of over $80 million the previous year.
This loss likely makes no difference on the NCAA as a whole, as the association still grossed nearly $1 billion in revenues in 2015. The NCAA also has several long-term contracts with media distributors, which the USA Today articles points to as a large part of the NCAA’s revenue. The NCAA is also helped by the fact that those deals are not a fixed year-by-year deal; the NCAA’s revenue from those deals increased by 3-percent every year.
No need to worry, folks.