News and Notes:

From the desk of Kirk Schulz

July 2018

We are rapidly reducing the annual operating deficit in athletics—a critical first step in addressing the cumulative debt. The graph below shows that we will finish the just-completed fiscal year with a deficit of about $8.8 million, an improvement of $4.2 million compared to annual deficits in excess of $13 million just two years ago. We project that we will continue to increase revenue to bring our annual operating deficit to less than $6 million for the next fiscal year.

Total NCAA‑reported revenues & expenses


Fiscal Year Revenues Expenses
2015 $54.1 million $67.4 million
2016 $58.8 million $71.7 million
2017 $64.3 million $71.8 million
2018 $65.8 million $74.6 million

Office of the President, Washington State University
PO Box 641048, Pullman, WA 99164‑1048

Washington State University