LSU athletics earned a total of $114,787,786 in 2012, according to USA Today. That places it seventh in the nation among public colleges and universities. According to the report, LSU athletics spent $101,989,116.
LSU Associate Director of Athletics Herb Vincent said when athletics profits, the university benefits.
"Right now, LSU Athletics passes $7.2 million per year back to the academic side of the university," Vincent said.
The university's athletics earnings are made entirely through broadcast rights, ticket sales, merchandise sales and other fan-supported measures.
"LSU's one of only seven schools in the country that takes no state tax dollars and uses no student fees," said Vincent. "All money is self-generated and the athletic department remains self sufficient."
In the SEC, only Texas A&M, Florida and Alabama earned more than LSU, although all three of those schools received subsidies, according to the paper. The University of Texas Longhorns program, at $163,295,115 in earnings in 2012, led the nation.