But the association 's expenses totaled $1.4 billion , meaning a loss of $400 million on the year .
According to the NCAA 's financial statement , obtained by USA Today , the NCAA had nearly $1 billion in revenue .
The association 's expenses totaled $1.4 billion , meaning a loss of $400 million on the year .
According to the NCAA 's financial statement , obtained by USA Today , the NCAA had nearly $1 billion in revenue .