fc texas A&M most valuable football program by revenue per Forbes...PSU 13...

[sluggo72]

1. Texas A&M — $148 million
2. Texas — $133 million
3. Michigan — $127 million
3. Alabama — $127 million
5. Ohio State — $120 million
6. Oklahoma — $118 million
7. Notre Dame — $112 million
7. Auburn — $112 million
7. LSU — $112 million
10. Florida — $111 million
11. Tennessee — $108 million
12. Oregon — $92 million
12. Arkansas — $92 million
12. Penn State — $92 million
15. South Carolina — $90 million
16. Georgia — $89 million
17. Florida State — $88 million
18. USC — $87 million
19. Washington — $84 million
20. Nebraska — $83 million
21. Ole Miss — $80 million
22. Michigan State — $80 million
23. Iowa — $79 million
24. Wisconsin — $78 million
25. Texas Tech — $60 million

It’s been quite a week in College Station. On Saturday, the Aggies nearly beat Clemson. On Tuesday, they took down Texas.

Forbes has released its annual list of the most valuable college football programs, and Texas A&M passed Texas for monetary supremacy. According to filings made to the NCAA and the Department of Education, the Aggies took in an average of $148 million in revenue and $107 million in profit from 2014-16, topping Texas’s $133 million and $87 million, respectively.

While just about every revenue stream flowing into College Station is up, contributions were really up. Texas A&M reported $260 million in donations during the three years studied, far ahead of second-place Florida’s $138 million. Those funds were raised to pay for the expansion and renovation of Kyle Field, so it will be interesting to see if Texas A&M’s revenues dip now that the renovations have been completed. (That’s where the Jimbo Fisher hire comes in.)

As Aggie fans gloat about their riches, their Longhorn counterparts can point to their own program’s ongoing mediocrity that cash register championships don’t always translate to actual championships (again: enter Fisher).

 

[Ranger Dan]

I wonder what the break out is relative to TV money, merchandise sales, tickets/vending/parking...

 

[anon_xdc8rmuek44eq]

1. Texas A&M — $148 million
2. Texas — $133 million
3. Michigan — $127 million
3. Alabama — $127 million
5. Ohio State — $120 million
6. Oklahoma — $118 million
7. Notre Dame — $112 million
7. Auburn — $112 million
7. LSU — $112 million
10. Florida — $111 million
11. Tennessee — $108 million
12. Oregon — $92 million
12. Arkansas — $92 million
12. Penn State — $92 million
15. South Carolina — $90 million
16. Georgia — $89 million
17. Florida State — $88 million
18. USC — $87 million
19. Washington — $84 million
20. Nebraska — $83 million
21. Ole Miss — $80 million
22. Michigan State — $80 million
23. Iowa — $79 million
24. Wisconsin — $78 million
25. Texas Tech — $60 million

I saw this too and I think it's worth noting the 'revenue and profit estimates are three-year averages for 2014, 2015, and 2016.'

 

[Ranger Dan]

I saw this too and I think it's worth noting the 'revenue and profit estimates are three-year averages for 2014, 2015, and 2016.'

That means that Penn State would be much higher on the list by now, I think...

 

[doctornick]

That means that Penn State would be much higher on the list by now, I think...

While not directly attributable to the football team (but would come into play in these valuations I would think), those are years when we still would have been paying the $12M a year "fine" from the NCAA. Not to mention other fallouts from the sanction/scandal.

So, yeah, would expect we'd be a bit higher in similar future such lists.

 

[Chickenman Testa]

Yeah - the bump for Aggie is due to heavy recent contributions. Expect them to fall from that perch, though not too far.

 

[bdgan]

I'd think revenues would be closely tied to attendance and that PSU would be higher. The difference must be donations. It's surprising that we wouldn't be ranked higher than Arkansas.

 

[PSUSignore]

I saw this too and I think it's worth noting the 'revenue and profit estimates are three-year averages for 2014, 2015, and 2016.'

That means the latest B1G tv deal isn't part of this ranking.

 

[Brian LB-U]

I nominate Texas A&M with their three top 10 finishes and seven bowl wins since 1990 for the "Most Overrated Program" award.

 

[Art]

Yeah - the bump for Aggie is due to heavy recent contributions. Expect them to fall from that perch, though not too far.

Not that quickly. Most of the "donations" to fund the Kyle Field renovation pay out over 5-10 years.

Just wait until Sandy kicks the Facilities Master Plan into high gear!!!!

 

[Art]

At first blush, this "list" is ROUGHLY KINDA' SORTA' MORE-OR-LESS pseudo-relevant ...….. but not even close to being useful vav individual program parameters or comparisons.

Each University (and each University ICA) has their own unique "accounting methodologies".... some for very valid reasons, some that are very "hinky".

To generate any usefulness from this type of data, one would have to analyze each P/L statement separately - to identify and adjust the discrepancies.
That takes a slight bit of knowledge, and a fair bit of work, and very few folks would even take the first step towards creating useful or relevant data - - - - - - -certainly not some periodical throwing together a "filler" story.
No one really cares anyway - unless "their" program is listed near the top (so they can brag), or "their" program is listed further down (so they can bellyache)

Yup, not all that long ago Arkansas was number one by a large margin because it recognized all donations to fund a stadium renovation project on a "when pledged" basis.

The guys who write this shit for Forbes are morons. Pick up the inflow, but haven't the least curiosity to consider of look for the outflow.

 

[Nittany Ziggy]

Just wait until Sandy kicks the Facilities Master Plan into high gear!!!!

Yep, then we will be “riding the gravy train with ‘biscuit wheels’”. LOL

 

[Art]

While not directly attributable to the football team (but would come into play in these valuations I would think), those are years when we still would have been paying the $12M a year "fine" from the NCAA. Not to mention other fallouts from the sanction/scandal.

So, yeah, would expect we'd be a bit higher in similar future such lists.

Except there is no indication that the fine was charged back to the football program.

 

[Art]

Bingo!

TY. All kinds of stuff like that littered around these various figures.

This keeps getting better and better. I took a quick look at PSU's reports for 2014-16 to both the NCAA and DoE, and the revenue numbers Forbes shows are high, by a considerable amount.

 

[BobPSU92]

Just wait until Sandy kicks the Facilities Master Plan into high gear!!!!

Please take this opportunity to give early, often, and in large sums.

 

[Art]

Please take this opportunity to give early, often, and in large sums.

Yes, but remember that to help PSU rise in the Forbes ranking your contribution has to be earmarked for .FOOTBALL

 

[Ranger Dan]

I nominate Texas A&M with their three top 10 finishes and seven bowl wins since 1990 for the "Most Overrated Program" award.

Well, I don't hear many people rating their program that highly on the field... they certainly are one of the most well funded programs, however, and their fans believe they are better than they are.

 

[LoyalandTrueLion]

That means that Penn State would be much higher on the list by now, I think...

Remember when we were the most profitable

 

[WP76]

Last Aggie National Championship 1939. So what happens first--Germany invades Poland again or A&M finishes at #1?

 

[Nitt1300]

 

[BobPSU92]

Yes, but remember that to help PSU rise in the Forbes ranking your contribution has to be earmarked for .FOOTBALL

FOOTBALL.

Sandy will tell us when she has enough money. In the meantime, GIVE. .

 

[91Joe95]

Not that quickly. Most of the "donations" to fund the Kyle Field renovation pay out over 5-10 years.

Just wait until Sandy kicks the Facilities Master Plan into high gear!!!!

This is a truly win-win situation for PSU. If donations skyrocket, great, if they, ahem, don't, then any loans needed can still count as revenue. Sometimes I think people don't appreciate her genius.

 

[BobPSU92]

This is a truly win-win situation for PSU. If donations skyrocket, great, if they, ahem, don't, then any loans needed can still count as revenue. Sometimes I think people don't appreciate her genius.

*cough* *cough* Honor Joe Paterno. *cough* *cough*

 

[Art]

This is a truly win-win situation for PSU. If donations skyrocket, great, if they, ahem, don't, then any loans needed can still count as revenue. Sometimes I think people don't appreciate her genius.

Great stuff, but you're only seeing half the picture as presented by PSU ICA Accounting. First, the cash flow from mist donations isn't immediate, particularly the large ones. So PSU borrows up front to finance construction. Voila, revenue!! Then over the course of 5-10 years cash flows in from donors to fulfill their pledges (to be used for debt amortization) and, voila, more revenue!! The gifts that keep on giving and the recipient in this case is Barbour in the form of a larger bonus.

 

[anon_1eeb2b426hv3y]

Great stuff, but you're only seeing half the picture as presented by PSU ICA Accounting. First, the cash flow from mist donations isn't immediate, particularly the large ones. So PSU borrows up front to finance construction. Voila, revenue!! Then over the course of 5-10 years cash flows in from donors to fulfill their pledges (to be used for debt amortization) and, voila, more revenue!! The gifts that keep on giving and the recipient in this case is Barbour in the form of a larger bonus.

Bonuses off debt booked as revenue? Please share.

 

[91Joe95]

Bonuses off debt booked as revenue? Please share.

There's nothing to share, PSU already did it (booked loan money as revenue).

 

[ivan brunetti]

Yeah - the bump for Aggie is due to heavy recent contributions. Expect them to fall from that perch, though not too far.

Donations tend to dry up quite a bit immediately after a major fund raising campaign. A&M could drop to around 15.

 

[Brian LB-U]

Well, I don't hear many people rating their program that highly on the field... they certainly are one of the most well funded programs, however, and their fans believe they are better than they are.

They're overrated practically every year, and not just by their fans.

 

[91Joe95]

*cough* *cough* Honor Joe Paterno. *cough* *cough*

They are. They told their employees it was now ok to talk about how Joe valued academics.