A few excerpts:
Virginia Tech's athletic department reported revenue of more than $96.7 million during the 2019 fiscal year, according to the NCAA Membership Financial Report.
That's down from the record $98.4 million it generated in 2018, but the department reported a surplus of funds — $2.8 million — for a second straight year
Tech's football team reported revenues of $51.7 million with $17.3 million coming from ticket sales, $5 million from contributions and $20.6 million from media rights deals.
Virginia Tech's 22 athletic programs had overall operating expenses of $93.9 million in 2019, a slight increase from the $93.5 million spent in 2018.
Tech basketball reported $11.7 million in revenue (down from $14.2 million in 2018) with a decrease of $1.9 million in expenses.