2026-05-22T11:43:13Zhttps://keep.lib.asu.edu/oai/request

oai:keep.lib.asu.edu:node-2027792025-12-04T22:00:32Zoai_pmh:alloai_pmh:repo_items

202779 https://hdl.handle.net/2286/R.2.N.202779 http://rightsstatements.org/vocab/InC/1.0/ http://creativecommons.org/licenses/by-nc-sa/4.0 2025-12 35 pages Andrews, Kyle White, Roger Osmena, Christian Barrett, The Honors College WPC Graduate Programs School of Accountancy Arizona State athletics hasn’t profited since 2019 (barring 2021), taking a loss of $27.21 million in 2023. This is a trend at most Division One universities, but not as substantial as Arizona State’s deficit. This paper's analysis will explore the reasons behind how Arizona State frames its financial strategy compared to other public universities in terms of its financial budget. Taking a loss year after year in the athletics department causes money to be moved around to cover the loss. Arizona State should have a hold on how much money they are willing to spend on athletics so the university can allocate more towards expenditures on research and academic potential. This thesis also examines the significance of the changing landscape of the NCAA, like revenue sharing; explores the benefits of athletics economically that don’t show up in year-end financials; and raises questions of what key stakeholders should include during decision-making. The other portion of the study discusses conclusions from comparative research with other Big 12 universities. The research conducted stemmed from two questions. One is how to lower the expenses, whether that is to offer less money or to cut the sport as a whole. The second discusses why Arizona State is willing to operate at a loss in athletics for the betterment of the university. One way the school can do this is to reclassify what athletics is to an institution as a strategic product and a yearly expense on its income statement. Accounting Athletics Institutional Support Strategy Budget Arizona State University Financials Collegiate Sports Balancing the Scoreboard: Analyzing Arizona State University's Athletic Budget and Institutional Support Strategy