Ohio
Juggernaut: Ohio State athletics generated almost $280 million in 2023 fiscal year
Ohio State’s athletic department had a record-breaking year in operating revenue in the 2023 fiscal year by generating almost $280 million.
The only athletic program ever to generate more was Oregon four years ago, but that was driven mostly by a $270 million contribution to renovate its track and field stadium.
Ohio State reported revenue of just over $279.5 million with expenses of more than $274.9 million. Ohio State’s revenue total edged out Texas A&M for the most nationally. Ohio State hired Texas A&M athletic director Ross Bjork last week to succeed the retiring Gene Smith. Michigan, Alabama and Georgia have not made their 2023 reports public.
More: Want a clue about Bill O’Brien running Ohio State’s offense? His Penn State QBs gave raves
A year ago, OSU reported revenue of $251. 6 million for fiscal year 2022 (July 1-June 30).
The new figures are from Ohio State’s annual financial report to the NCAA, which was obtained Tuesday through an open-records request by The Columbus Dispatch and USA TODAY Network in partnership with the Knight-Newhouse Data project at Syracuse University.
More: Ohio State adds 2024 5-star quarterback Julian Sayin through transfer portal from Alabama
Ohio State’s revenue increased $28 million from fiscal year 2022, an increase of about 11%. Most of that came from more football ticket sales and because Ohio State had eight home games in 2022 compared to seven in ’21. Next year’s figure is expected to be lower because OSU had only six home games last season.
Ohio State’s football program generated more than $127 million in fiscal 2023 with a surplus of $55 million. Men’s basketball had revenues over $24 million with a profit of almost $10 million. Those sports subsidized the rest of OSU’s 34 sports, which had costs exceeding revenues by almost $56 million.
Ohio State had a big increase in revenue from royalties, licensing, advertising and sponsorships, going from $30 million the previous year to almost $43 million.
Contributions, however, decreased more than $5 million to under $58 million.
On the expense side, Ohio State reported more than $41 million for athletically-related facilities annual debt service. In the prior fiscal year, that amount was $15.6 million. Ohio State has built several new venues in recent years, including the Covelli Center, the Ty Tucker Tennis Center, a new lacrosse stadium, and the Schumaker Complex that was added on to the Woody Hayes Athletic Center.
Get more Ohio State football news by listening to our podcasts.
USA Today sports projects editor and reporter Steve Berkowitz contributed to this story.
Ohio
Northeast Ohio Weather: High wind, very warm, showers, and storms today
CLEVELAND, Ohio (WOIO) – A powerful cold front will be tracking through today.
A second system impacts the area tomorrow.
It is very warm and very windy today. High temperatures forecast to be above 60 degrees in many towns before the cold front blows through.
Temperatures tumble through the 50s and into the 40s later this afternoon.
We have showers and a few thunderstorms in the area. The risk of rain will end behind the front. A south wind shifts west and could gust over 45 mph at times today.
Colder and much less wind tonight with a mostly cloudy sky. Early morning temperatures tomorrow will be in the 30s.
The system tomorrow will track across the Great Lakes and will be centered north of us Saturday night.
Moisture gets drawn up from the south. Showers develop by afternoon.
The rain isn’t expected to be heavy with less than .25″ in the forecast. High temperatures make it into the 40s.
Colder Saturday night and blustery. Southwest winds could gust to around 30 mph at times.
A window is there Sunday for snow showers and lake-effect.
It’ll be very windy on Sunday. West winds could gust over 45 mph at times. Afternoon temperatures around 30 degrees.
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Ohio
Ex-Ohio State DB Marshon Lattimore arrested on possible weapons charge
Former Ohio State defensive back Marshon Lattimore was arrested on Jan. 7 in Lakewood, Ohio, and now awaits possible charges of carrying a concealed weapon and improperly handling firearms in a vehicle, according to multiple reports.
Lattimore, currently on the Washington Commanders, was booked into jail but later released. The police report lists a 9mm Glock as evidence, per ESPN.
Police say Lattimore was arrested because he failed to inform the investigating officer that he had a firearm in the vehicle when asked.
In a statement to 3News, the Commanders said, “We have been made aware of the arrest and are gathering more information. We have informed the NFL League office and have no further comment at this time.”
Lattimore played for the Buckeyes in 2015 and 2016. He was selected with the No. 11 overall pick in the 2017 NFL Draft by the New Orleans Saints. He has made the Pro Bowl four times and was NFL Defensive Rookie of the Year in 2017.
In 2021, Lattimore was arrested in Cleveland and initially charged with a felony for receiving a stolen firearm. The charge was dismissed, but Lattimore pleaded guilty to carrying a concealed weapon. He received one year of probation and a suspended 180-day jail sentence, according to ESPN.
Ohio
This rising sophomore has an important offseason ahead of him for Ohio State football
COLUMBUS, Ohio — The conversation around Ohio State football’s championship aspirations often centers on offensive firepower, but a sophomore cornerback might play an important role in helping the Buckeyes accomplish their goals next season.
Devin Sanchez arrived in Columbus as the nation’s top cornerback recruit, and after a freshman season where he earned meaningful snaps in critical moments, the expectations have escalated.
No longer is it enough for Sanchez to be a reliable contributor. He must take a step toward becoming a true lockdown corner who can eliminate one side of the field.
“Is Devin Sanchez ready to be the dude because he’s going to have to be,” co-host Stefan Krajisnik said on Buckeye Talk. “I don’t mean is he ready to be a reliable starter — I mean it’s time… to be a dude. I don’t think it’s putting unrealistic expectations on a guy like Devin Sanchez to be an All-Big Ten first team caliber-type guy.”
The coaching staff has demonstrated their belief in Sanchez’s potential by giving him high-leverage opportunities against elite competition as a true freshman. Against Texas last season, while other freshmen barely saw the field, Sanchez was trusted in critical moments – a telling sign of the program’s expectations.
Next season’s rematch with Texas will provide an opportunity to see how much progress Sanchez has made since the last time he faced the Longhorns.
As co-host Andrew Gillis put it, “Is he ready to announce himself to the world as lock down?”
The transformation starts now. Co-host Stephen Means made it clear that spring practice represents a crucial development period.
“We should be walking away from spring practice thinking that’s the best cornerback in the Big Ten and his only competition is (Oregon’s) Brandon Finney,” Means said. “That should be the goal for Devin.”
What makes Sanchez’s development so critical is how it affects the entire defensive structure. If he can become that elite cornerback who eliminates one side of the field, it changes what Ohio State can do with their other 10 defenders. It allows for more aggressive pressure packages, more safety help to other areas, and ultimately, a more disruptive defense.
For Ohio State fans, Sanchez’s development represents one of the most fascinating storylines to follow this offseason. His progression from promising freshman to elite sophomore could be the difference between a playoff appearance and a national championship.
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