Forbes: Texas Longhorns king of college football financialsForbes: Texas Longhorns king of college football financialshttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=21062014-12-23T09:05:00Z2014-12-23T00:00:00Z

AUSTIN - The University of Texas Longhorns football team has been named the most valuable college football team by Forbes Magazine.

The team's valuation slipped 6 percent since the 2013 edition of the ranking, according to Forbes analysts, dropping to a net worth of $131 million on $113 million in revenue and profits of $74 million.

Despite the slip and the team's mediocre performance on the gridiron this year, the financial numbers the Longhorn's pulled in this year are impressive: $34 million in home ticket sales, another $31 million from "football-related contribution.”

The slip in valuation, according to Forbes, was mostly linked to a big jump in expenses for the team over the past year.

Those expenses, in all a $10.8 million jump in spending, were mostly tied to the retirement of longtime head coach Mack Brown and the search for his replacement, which eventually landed on current head coach Charlie Strong.

Notre Dame comes in as Forbes No. two most-valuable college football team, valued at $122 million.

Austin-Round Rock
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