Ohio State still the country’s most valuable football program at $946 million

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.

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*Featured Photo (above) credit to USA TODAY Sports

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