The LSU women's basketball team won the national championship last season, defeating Iowa in the national title game.
LSU's women's basketball program is one of the most notable in the country, led by head coach Kim Mulkey and star forward Angel Reese.
But while the LSU Tigers women's basketball program has a ton of fame, they reportedly lost a ton of money last season.
The women's basketball proram reportedly lost nearly $8 million last season.
"Women’s basketball—which won its first National Women’s Championship in 2023—posted a nearly $7.8 million deficit for 2023. The program collected just under $2.5 million in revenues for the year but the team’s expenses were closer to $10.3 million. The program’s costliest line item is for coaches salaries, with the school paying $4.4 million in coaches salaries and bonuses last year―nearly double what the program collected in revenue," Business Report wrote.
LSU's women's basketball program is one of the most notable in the country, led by head coach Kim Mulkey and star forward Angel Reese.
But while the LSU Tigers women's basketball program has a ton of fame, they reportedly lost a ton of money last season.
The women's basketball proram reportedly lost nearly $8 million last season.
"Women’s basketball—which won its first National Women’s Championship in 2023—posted a nearly $7.8 million deficit for 2023. The program collected just under $2.5 million in revenues for the year but the team’s expenses were closer to $10.3 million. The program’s costliest line item is for coaches salaries, with the school paying $4.4 million in coaches salaries and bonuses last year―nearly double what the program collected in revenue," Business Report wrote.
