BleedGopher
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per Sid:
Top value for Gophers
The Wall Street Journal ran a report last month about the value of college football programs, based on a study by Indiana University-Purdue University Columbus associate professor Ryan Brewer that had the Gophers ranked as the 32nd-most-valuable college franchise in the country at $260 million.
The study is based on what college football teams would be worth if they were put on sale to the public, factoring in revenue and expenses, cash-flow adjustments, risk assessments and growth projections.
But even though the Gophers were ranked 32nd, they were eighth in the Big Ten behind Ohio State (second at $1.5 billion), Michigan (fourth, $893 million), Penn State (13th, $549 million), Wisconsin (14th, $439 million), Nebraska (15th, $508 million), Iowa (18th, $484 million) and Michigan State (20th, $337 million).
There’s no doubt the Big Ten Network plays a big role in having eight conference schools in the top 32.
The Gophers had revenues of $73.6 million, which ranked 13th in the country, and fourth in the Big Ten behind Nebraska, Wisconsin and Michigan State.
Still, Brewer told the Wall Street Journal that the Big Ten does have some big questions marks, including the impact of losing Ohio State’s Urban Meyer as a head coach will have on the conference.
The story noted: “More broadly, Brewer said, the Big Ten faces fundamental questions after missing the [College Football Playoff] yet again this season, highlighted by Ohio State’s exclusion as a one-loss team. While Michigan joins the Buckeyes near the top, ranked No. 4 with a $924.6 million valuation, Brewer noted the conference’s absence from the season’s biggest stage damages the teams’ bottom lines and broader profiles.”
Still, there is no question that when it comes to overall financial health, the Big Ten remains the top conference in college football.
Total revenue steady
Meanwhile, USA Today ran a database of all public colleges’ athletic department revenue and expenses.
In that study, the Gophers ranked 25th in the country in total reported revenue at $116.4 million while having expenses of $114.2 million.
That number also ranked eighth among Big Ten programs behind Ohio State (No. 3, $185.4 million), Michigan (No. 4, $185.2 million), Penn State (No. 14, $144 million), Wisconsin (No. 15, $143.4 million), Iowa (No. 18, $130.7 million), Michigan State (No. 21, $126 million) and Nebraska (No. 23, $120.2 million).
Those numbers were based on 2016-17 athletic department budgets, and it will be interesting to see if the Gophers take a hit in the next report after the university has struggled with lagging attendance for football, men’s basketball and men’s hockey in the past two seasons.
http://www.startribune.com/vikings-...s-frustrated-by-first-year-results/505539802/
Go Gophers!!
Top value for Gophers
The Wall Street Journal ran a report last month about the value of college football programs, based on a study by Indiana University-Purdue University Columbus associate professor Ryan Brewer that had the Gophers ranked as the 32nd-most-valuable college franchise in the country at $260 million.
The study is based on what college football teams would be worth if they were put on sale to the public, factoring in revenue and expenses, cash-flow adjustments, risk assessments and growth projections.
But even though the Gophers were ranked 32nd, they were eighth in the Big Ten behind Ohio State (second at $1.5 billion), Michigan (fourth, $893 million), Penn State (13th, $549 million), Wisconsin (14th, $439 million), Nebraska (15th, $508 million), Iowa (18th, $484 million) and Michigan State (20th, $337 million).
There’s no doubt the Big Ten Network plays a big role in having eight conference schools in the top 32.
The Gophers had revenues of $73.6 million, which ranked 13th in the country, and fourth in the Big Ten behind Nebraska, Wisconsin and Michigan State.
Still, Brewer told the Wall Street Journal that the Big Ten does have some big questions marks, including the impact of losing Ohio State’s Urban Meyer as a head coach will have on the conference.
The story noted: “More broadly, Brewer said, the Big Ten faces fundamental questions after missing the [College Football Playoff] yet again this season, highlighted by Ohio State’s exclusion as a one-loss team. While Michigan joins the Buckeyes near the top, ranked No. 4 with a $924.6 million valuation, Brewer noted the conference’s absence from the season’s biggest stage damages the teams’ bottom lines and broader profiles.”
Still, there is no question that when it comes to overall financial health, the Big Ten remains the top conference in college football.
Total revenue steady
Meanwhile, USA Today ran a database of all public colleges’ athletic department revenue and expenses.
In that study, the Gophers ranked 25th in the country in total reported revenue at $116.4 million while having expenses of $114.2 million.
That number also ranked eighth among Big Ten programs behind Ohio State (No. 3, $185.4 million), Michigan (No. 4, $185.2 million), Penn State (No. 14, $144 million), Wisconsin (No. 15, $143.4 million), Iowa (No. 18, $130.7 million), Michigan State (No. 21, $126 million) and Nebraska (No. 23, $120.2 million).
Those numbers were based on 2016-17 athletic department budgets, and it will be interesting to see if the Gophers take a hit in the next report after the university has struggled with lagging attendance for football, men’s basketball and men’s hockey in the past two seasons.
http://www.startribune.com/vikings-...s-frustrated-by-first-year-results/505539802/
Go Gophers!!
