Ohio State has been named the nation’s most valuable football program for the second year in a row, according to a report by Andrew Beaton of The Wall Street Journal.
Ryan Brewer, an assistant professor of finance at Indiana University-Purdue University Columbus, conducted a study estimating the worth of the country’s biggest football programs, with Ohio State valued at a whopping $946.6 million.
Texas comes in second at $855 million, ahead of Michigan at third with $811.3 million. Notre Dame, Alabama, Oklahoma, Florida, Georgia, LSU and Penn State finish out the top ten.
To determine each program’s value, Brewer takes into account revenues and expenses and made cash-flow adjustments, risk assessments and growth projections.
Ohio State was valued at $1.1 billion last year.
*Featured Photo (above) credit to USA TODAY Sports