That was a one year deficit. There are several schools there with excesses well above $10 million for 2019. A guy I do camps with put together a spreadsheet going back 15-20 years. Ohio State has cumulative excesses in the hundreds of millions. Alabama, Texas, Texas AM, Georgia and many others as well. Most of the SEC and B10 had huge excesses.
I'm pretty sure $8.9M is the Ohio St AD reserves, not any one year amount. I've never seen any financials from any of the public schools that suggest their athletic departments have these huge excesses, I'd be interested if you've seen something like that somewhere.