Texas top team in overall financial worth
Alabama and Notre Dame are playing for the college football national championship but that doesn't mean they are the top two teams in every ranking system.
In terms of overall worth, neither cracks the top three.
The top spot in those standings still belongs to the Texas Longhorns.
According to The Wall Street Journal, Ryan Brewer, an assistant professor of finance at Indiana University-Purdue University Columbus, calculated the intrinsic valuations for 115 of the teams in the top-tier Football Bowl Subdivision. Some of the factors in the study included each program's revenues and expenses and made cash-flow adjustments, risk assessments and growth projections.
Texas still generates the most revenue in college football but their lead over second-place Michigan is dwindling. Michigan's value increased by 18 percent since last year while Texas' fell by five percent.
As pointed out in the story, the figures represent what the teams might fetch if they could be bought and sold like pro franchises. For an example, the Jacksonville Jaguars sold in 2011 for about $760 million.
Here are the top five programs followed by a few other local teams:
1.) Texas: $761.7 million.
2.) Michigan: $731.9 million.
3.) Florida: $599.7 million.
4.) Notre Dame: $597.4 million.
5.) Ohio State: $586.6 million.
10.) Oklahoma: $454.7 million.
18.) Texas A&M: $278.5 million.
22.) Texas Tech: $211.0 million.
59.) TCU: $76.6 million.
62.) Baylor: $71.3 million.
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