- Associated Press - Tuesday, October 21, 2014

CHARLESTON, W.Va. (AP) - Marshall University athletics ran a $749,800 deficit in 2013 and used $7.9 million from sources like state money and tuition, according to a state legislative report.

The subsidized money comprised almost 29 percent of Marshall athletics revenue in the 2013 budget year.

In comparison, West Virginia University only used $31,500 in subsidized money in 2013, or about 0.04 percent of its revenue. WVU athletics netted $4.2 million in the 2013 budget year.

Marshall sports last lost money in 2010, when its athletics program dropped $2.6 million. Marshall brought in a net $2.4 million in the 2012 budget year and $1.3 million in 2011.

On Tuesday, a financial report on NCAA athletics in West Virginia was released to a state legislative panel. Legislative Post Audit Division Director Denny Rhodes wrote the report.

WVU brought in $77.7 million outside of direct institutional support, like Big 12 conference distributions, donations and ticket sales. Marshall yielded about $19.7 million in that category.

WVU also levies a student fee, which brought in $4.3 million, the school has reported.

Mountaineer football, which netted $10.9 million, was able to make up where WVU lost money in other sports. Marshall football didn’t cover their losses elsewhere.

WVU lost $816,000 on men’s basketball, $1.8 million on women’s basketball and $8.6 million on other sports.

Meanwhile, Marshall football brought in a net $677,000 and men’s basketball made about $2,000. The university lost $313,800 on women’s basketball and $2.2 million on other sports.

WVU had about a $13 million deficit in the 2012 budget year, which included an exit fee for leaving the Big East.



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