No athletic department could match what Kansas State did in 2010-11, according to an ESPN report.
The department was the most profitable of 99 public schools that field Division I-A football teams, pulling in a net income of nearly $23 million, according to open records requests for audited financial reports that schools submit each year to the NCAA. The 2010-11 fiscal year is most recent data available.
As for the methodology for defining net income, that is up for debate.
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