I've been to enough college football games at the shoe and elsewhere to make me wonder how this is possible. OSU woth less than Washington? I get Texas, ND and Alabama, but beyond that I'm a little confused.
Rank Team Conference Value ($Mil) Revenue ($Mil) Profit ($Mil)
1 Texas Longhorns Big 12 133 104 78
2 Michigan Wolverines Big Ten 120 85 62
3 Notre Dame Fighting Irish Independent 103 69 43
4 LSU Tigers SEC 102 69 45
5 Georgia Bulldogs SEC 99 75 52
6 Alabama Crimson Tide SEC 95 82 45
7 Florida Gators SEC 93 74 51
8 Auburn Tigers SEC 85 77 44
9 Tennessee Volunteers SEC 84 55 35
10 Arkansas Razorbacks SEC 83 64 40
11 Nebraska Cornhuskers Big Ten 82 55 36
12 Oklahoma Sooners Big 12 80 60 36
13 Penn State Nittany Lions Big Ten 79 66 36
14 Wisconsin Badgers Big Ten 76 48 24
15 Oregon Ducks Pac-12 74 52 32
16 USC Trojans Pac-12 68 52 29
17 South Carolina Gamecocks SEC 67 48 26
18 Washington Huskies Pac-12 65 53 28
19 Michigan State Spartans Big Ten 64 50 31
20 Ohio State Buckeyes Big Ten 63 58 24
ESPN ranked tOSU the largest media market and the highest secondary ticket prices as well as we have the 2nd highest athletic budget in the NCAA.
You have the article on this? I want to see it
There is no goddamn way this is correct.
There was also a report, may be the ESPN one I can't remember. It said OSU had the largest fan base. You would think that would play a role.
In this case it was purely based on the various revenue streams so I don't think having people cheer for OSU all over the globe mattered quite as much (at least not directly).
I think one of the criteria has to do with money provided to the school to support academics. Well OSU supports a lot more sports than most so the football team supports those teams as opposed to academics. Also we spend a lot more on our football program than most schools, probably in part on the best compliance office in the country. Not sure what the other reasons are (besides the Gator Bowl).
This seems like an accounting issue. They have us with $58m in revenue. How can that be right? Michigan at $85m
I doubt it had to do with the bowl from last year, in 2010 when we went to the Sugar we had to return our share of $380k if I remember correctly.
OSU brings in the most money for the B1G to share but it looks like this is mostly looking at profit. That is so ambiguous that it means nothing. OSU football supports many more athletic programs than other universities that the profit is just not going to be there. Actually, I am surprised there is that much profit.
Basically, as stated above, tOSU is handicapped due to the fact we have one of the largest universities, largest athletic programs, and also largest "local communities" that we can impact on any given gameday on a saturday (ie maybe tOSU brings 100k fans to town but it is only a fraction of our total population, where as when people visit South Bend it has a huge impact)
The other way we are dinged is most likely in the way we report all of our revenues. Like stated above, the football revenues support many other sports but as a requisite for football season tickets, many donors and alumni have to purchase other athletic tickets and/or spend so much with the university, tOSU will not declare the revenue from these packages as football revenue (line item) but rather an athletic department revenue.
So basically what you're saying is that their method was a horribly inaccurate way to assess the value of a program.
indeed. I think it is less a metric of the value of a team and more a metric of the value of a team RELATIVE to its university, community, athletic dept. etc...
As awesome as our football program is, the fact remains that our University is great and even without football they would still thrive.
Yeah, such an analysis is absurdly biased towards programs from small towns at universities with fewer sports programs. That's preposterous. They're dividing revenues by people who aren't relevant. That's like dividing the number of zebras in Africa by the number of fish in the Nile and concluding that there aren't many zebras.
Yeah, it's a value-added analysis. It measures football programs not as an end in and of themselves but as a revenue generating tool for the school and community. I would like to suggest, however, that in addition to measuring the impact of visiting fans on the local economy, the analysis should also attempt to measure the impact of merchandise sold in retail establishment throughout the state.
Are they gauging the value of the university/college or just the football program? Or their overall sports program? This seems more like a popularity contest. OSU is lower on the list because its not very popular with people outside the fanbase. That doesnt mean we're worth less than Nebraska, South Carolina, and friggin Arkansas????? Seriously? Arkansas???????? That state is the armpit of the country.
"Sherman ran an option play right through the south" - Greatest.Civil.War.Analogy.Ever
I'm fairly positive the bowl ban and 6-7 season played a large part in this. Last year Forbes had OSU at #13(or near that) with a value of $76million. Lack of bowl revenue plays a big part.
When I think about which team is most valuable, I think what would someone pay to buy it. It's not something that can be decided by looking at a single year. If the Dodgers get sold for 2 billion, what are the Buckeyes worth? I have no idea, but I am guessing they would cost a lot more than the Washington Huskies at 18 for example.
And even if that criterion is hard to use because buying an athletic department isn't very realistic you could still use the past 5-10 years to gauge the value over time and not just in one year.
wait...wait...wait...OSU isnt #1 in everything?!
all kidding aside, top 20 is nothing to get angry over. thats a lot of money.
This brings up a question for me. Does OSU get a share of the B1G bowl revenue this year or did the ban preclude them?
Anyone know? Appreciate it.
"It's just another case of there you are". ~ Doc (1918-2012)
I am 95% sure they get a share which is funny because it probably means they will make more off of the bowl season than they did last year (although there is only 1 BCS team this year) because we don't have to pay for going to a bowl.
Thanks Rdubs.
"It's just another case of there you are". ~ Doc (1918-2012)
I swear I've seen somewhere that ranked Ohio State second to only Texas. When I lived in Texas, the stupid T-sips would always throw that up in my face. That and how they had the greatest team in NCAA history as well as the greatest player in Vince Young. MEH....I always found that comment funny.
This list is so laughable to me. Wisc has to go to its fifth choice to find a head coach and it's somehow more valuable than OSU hahahahaha. I also love how we are penalized for being in a large city. If anything, having a large local population is better for future sellout potential rather than relying on alumni to travel into some rural outpost.
The numbers are flawed because of the different ways in which the school's report the revenue generated by their television contracts. That's why Ohio State's football revenue is so much lower than the others.
Here's the quote from a similar article last year:
That would amount to about $8 or $9 million not being counted toward Ohio State's football revenue.