The Texas Longhorns have the most valuable football program in college sports.
In a survey published Tuesday,
Forbes magazine said Texas had a team value of $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.
Michigan had the biggest drop from last year to No. 11 from No. 4. Nebraska made the biggest improvement to No. 4
from No. 18.
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