And you thought colleges didn’t make money off of sports..

Which makes us wonder why it’s so bad for an athlete to make a buck to put themselves through college.

According to the Canadian Press and the Associated Press, The Texas Longhorns are the most valuable team in college sports.

Oh wait, this brings me to a story within a story. The Associated Press is reporting in the Canadian Press that Forbes Magazine is reporting that the Texas Longhorns are the most valuable team in college sports. I hope that clears it up for you now.

Forbes magazine says Texas has a team value of US$119 million, easily topping Notre Dame, last year’s leader, by $11 million.

The magazine based its rankings on “dividend money,” or what’s left for academics (including football scholarships) and non-revenue sports after the cost of running the football program. Bowl game revenue also is factored in.

According to Forbes, Texas had a $59 million profit. Notre Dame’s team value was $108 million, with a $38 million profit.

Rounding out the first 10 in Forbes’ Top 20 list are Penn State, Nebraska, Alabama, Florida, LSU, Ohio State, Georgia and Oklahoma.

Is there any surprise now as to why there are so many bowl games?

Texas keeps pulling in profits as the most valuable college team, says Forbes  (The Canadian Press via Associated Press)

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1 Comment

Filed under college, college football

One response to “And you thought colleges didn’t make money off of sports..

  1. Pingback: Oklahoma scholarships | Oklahoma Education

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