This is my annual update of the Virginia Tech Athletics financial information for the year ended June 30, 2020 (FY 2020). As noted in past reports, the following standard caveats and comments are made:

• The 2020 data includes the 2019 football season and the 2019/2020 basketball season.
• There can be various differences between current and prior year numbers within the same school depending on how the school chooses to present its reports. Contributions reported will not agree to the annual information reports from the athletic fund-raising numbers primarily because only the application of those amounts are presented. If the funds are not expended, they are generally not reported in the NCAA reports.

As in prior years, the information for Virginia Tech and UVA is derived from the published NCAA reports on the Virginia Auditor of Public Accounts (APA) web site.

For this report I have only presented the current and past year info for both Virginia Tech and UVA. I have expanded the financial schedules information, including restating the prior year information to be comparative with the current presentation and to provide more useful information on the face of the statements. I have also reduced the narrative analysis of the information.

If you are wondering about the amount of the ACC Network revenue distribution for 2020, I did not locate that information, and thus it still remains a secure secret.

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