UNC Athletics Financial Report Breakdown and Discussion Posted Feb 6, 2024 UNC's athletic department reported a record $139.4 million in operating revenue during the 2022-23 fiscal year, which represents a 13.7% increase year-over-year. The school’s annual financial report details the operating revenue as well as a record $139.1 million in operating expenses. The athletic department reported a net revenue of $273,587. (Inside Carolina)