Louisiana’s college sports programs are losing money. Can sales taxes save them?

Louisiana universities search for a new financial playbook to fund athletics

Nearly every public university athletic department in Louisiana is struggling financially, putting additional pressure on university budgets, Louisiana Illuminator reports.  LSU was the only one of the state’s 11 public Division I programs to report a profit in 2024-25, and even that profit was narrow. Other schools have used revenues such as tuition and student fees to help cover athletic shortfalls.  Rising costs associated with revenue sharin…

Louisiana’s college sports programs are losing money. Can sales taxes save them?

Louisiana Tech’s Trey Baldwin and Levi Bell play against Southeastern Louisiana University at Joe Aillet Stadium on Sept. 11, 2021. Tech won 45-42. (Photo by Emerald McIntyre/Louisiana Tech University)Nearly every athletic department at Louisiana’s public universities is bleeding money, impacting the fiscal health of the rest of the school. The situation has athletics administrators eyeing ways to generate more sales tax revenue on and near camp…

Losing Money: Louisiana College Sports Programs Turn to Sales Taxes - BIZ Magazine

By Piper Hutchinson | Louisiana Illuminator Nearly every athletic department at Louisiana’s public universities is bleeding money, impacting the fiscal health of the rest of the school. The situation has athletics administrators eyeing ways to generate more sales tax revenue …