Boston College’s Football Program Valued at $110.2 Million
Boston College’s college football program was ranked a low 50th by value, with a net worth of $110.2 million, according to an annual analysis.
It was the only college programs in the state valued in the study by Ryan Brewer, an assistant professor of finance at Indiana University-Purdue University Columbus.
Texas remained the most valuable college football program with a valuation of $761.7 million, despite losing 5% in 2011-12. It also generates the most revenue in college football. However, Forbes last year valued the team at a much lower $133 million, up from $129 million the previous year.
The valuation priced the Longhorns higher than NFL's Jacksonville Jaguars, which was sold for about $760 million in 2011.
Brewer estimated the intrinsic valuations of 115 teams in the top-tier Football Bowl Subdivision. He used each team’s revenues and expenses, cash-flow adjustments, risk assessments and growth projections, among other things.
Citybizlist Partner News
- Pierce Atwood - First Class Defense Blog Featured as BBA Blog of the Week
- Pierce Atwood - Newest Edition of Maine Environmental and Land Use Statutes Deskbook Now Available
- Pierce Atwood - Receives 72 Rankings in U.S. News & Best Lawyers "Best Law Firms" Directory
- Pierce Atwood - Receives Highest Ranks from Chambers and Partners