U of M athletic department breaks even for third straight year
Penny Hardaway’s basketball department at the U of M lost $5,465,768 in fiscal year 2024. (Matthew Hinton/AP file)
The University of Memphis Tigers reported a net revenue of $80 for the 2024 fiscal year, which includes the 2023-24 school year.
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Frank Bonner II
Frank Bonner is the Memphis Tigers football beat writer. He is originally from Indiana but arrived in Memphis after spending two years in Tulsa, covering Oklahoma State football and basketball. He covered high school sports in Columbus, Indiana for two years before getting his Master’s degree in Sports Journalism at IUPUI. He earned his Bachelor’s degree in journalism from Indiana University.
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