NCAA Revenue Surpasses $1 Billion Milestone

The National Collegiate Athletic Association earned $1.06 billion in revenue last year, eclipsing the $1 billion mark for the first time as the governing body defends its business model in court.

It’s a 6.6 percent jump from fiscal 2016, in which the Indianapolis-based organization made $996 million, according to audited statements released Wednesday. The NCAA turned a $105 million profit.