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 II covers the Memphis Tigers. He is a top-10 APSE winner who covered Oklahoma State for the Tulsa World before joining The Daily Memphian in 2021. Bonner is a native of Indiana, where he started his career covering high school sports.
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