Ka-CHINNNG! FSU Athletics is the biggest money maker in the ACC but a non-profit organization

The Business of College Sports published its list of the most profitable Div. 1 athletic departments by conference. In the ACC, Florida State was the biggest earner in the conference, but far from the most profitable. In fact, FSU was one of four league schools to plow every penny of revenue into running all of its sports programs. By comparison, Alabama made a little less than $124 million, with a tidy profit of $31,684,872.