UM #3
College Football Most Valued Programs
1. Texas A&M 147mil
2. Texas 147
3. Michigan 139
4. Bama 134
5. Ohio 132
And now we actually have something we can spend all that money on.
Exciting times to be a Michigan fan.
https://mobile.twitter.com/CFBONFOX/status/1470531089336717317?s=20
December 18th, 2021 at 4:52 AM ^
Yeah, we know.
December 19th, 2021 at 10:45 AM ^
This ranking seems fine, but the numbers are all incredibly low. The apparel deals alone are worth basically this much. They must not count the stadium and facilities?
December 18th, 2021 at 5:15 AM ^
I don't know why you're getting downvoted but I'm getting in on it too.
Do Better
/sarcasm
/or is it
December 18th, 2021 at 10:56 AM ^
MoGoRecipe for downvotes:
Step one: Find some random and very old piece of news that regards Michigan in the most remote way possible
Step two: Create a post on this "news"
Step three: Create a post title that is misleading and tricks people into opening it
Step four: Profit
December 18th, 2021 at 11:15 AM ^
Step 1. Gandpa there were 2 articles written using that info this week by 247 and Fox.
Step 2. Its the most updated info...for covvid i believe it said to subtract 22%
Step 3 I been coming to this site since 2008 everyday. I'm never coming back after today
December 18th, 2021 at 11:22 AM ^
"I been coming to this site since 2008 everyday. I'm never coming back after today"
So for the first 10 years you visited every day you didnt join. Why is that? And you only started making any comments on anything this week.
I dont know how we'll do it but somehow we'll try and struggle on without your contributions to the community.
Somehow.
December 18th, 2021 at 1:00 PM ^
No… please… don’t go… we’re lost without you…
In all seriousness, if your bad post/title not being received well is all that it takes for you to never come back to a site you’ve been allegedly coming to every day for over a decade, you’re going to have a rough go at the real world and you’re probably better off quitting the internet altogether.
December 18th, 2021 at 11:25 AM ^
Poor title for starters
December 18th, 2021 at 5:32 AM ^
This is over two years old. It is from the Sept 12, 2019 issue of Forbes.
December 18th, 2021 at 6:17 AM ^
Next time Bobby Carpenter gives you info, stop and think before you are compelled to post a 4 character MGoBlog post title. Most of us have learned the ropes here the hard way - but you will fight another day!
December 18th, 2021 at 8:18 AM ^
"freeze candidate freeze"
December 18th, 2021 at 7:52 AM ^
How the hell is atm #1. I travel all over the country, well I did prior to covid and I can’t say I’ve ever had a conversation with an a&m fan. Even in Texas.
December 18th, 2021 at 8:09 AM ^
Maybe get out more?
They’re in a great area (within 100 miles of both Houston and Austin). Currently have the largest student body in the country (72k students). Large alumni base. Huge stadium with a capacity of 102,000. They play in the SEC, currently the only school in Texas that can make that claim. Have one of the largest alumni bases with over 500,000 living alumni. And TONS of money goes through that school.
December 18th, 2021 at 8:18 AM ^
Thanks, Mr. Texas A&M
December 18th, 2021 at 8:40 AM ^
Apparently you missed the “all over the country” part? But I do appreciate the history lesson on how a team that traditionally underperforms has a the worth of a fortune 200 company.
December 18th, 2021 at 8:56 AM ^
You can travel all over the country and not “get out.” Which would explain why you haven’t met any A&M fans. Socialize a bit more.
Underperforming or not, they bring in a ton of money. Results on the field aren’t what determines their worth. Just like quality of product for a Fortune 200 company doesn’t matter as long as they’re still bringing in the money.
From Forbes: “This year, Texas A&M again leads the way with $147 million in average football revenue. As we detailed last year, much of the Aggies’ recent earning power has come from a wave of alumni contributions tied to athletic construction projects. In 2017-18, contributions earmarked for football were $46 million, up 34% year-over-year.
It’s not the most sustainable revenue stream, since contributions should eventually fall toward previous levels—the athletic department’s CFO told USA Today that he expects revenues to “normalize” following 2019—but it’s not just generous alumni keeping the Aggies on top. The team also ranks third in revenue from ticket sales ($41 million), and the A&M athletic department is fifth among those on our list in total income from licensing and sponsorship deals ($19 million).”
December 18th, 2021 at 9:11 AM ^
Hey, who’s payroll are you on anyways???
kidding.
December 18th, 2021 at 9:57 AM ^
I think this is one of those situations where both of you are right (Midukman and JonnyHintz). A&M's current spot is due to recent fundraising efforts. A large alumni base is certainly a major factor in this. Over time though, it doesn't seem like this is sustainable and I would expect they will most likely fall.
December 18th, 2021 at 3:32 PM ^
I live in a neighboring state to Texas and have never knowingly met an A&M fan. I know that they exist and that there is a lot of them, but I seriously don’t know any of them
December 18th, 2021 at 10:56 AM ^
You think a Fortune 200 company could be worth $147 million? May be off a little there.
I would think you’d have to be around $10 billion in revenue to be in the top 200.
December 18th, 2021 at 11:18 AM ^
Clearly there's a separate Fortune 200 list of technically-still-operating penny stocks.
December 18th, 2021 at 9:10 AM ^
But this is a weird list because it's based on revenue, which includes things like donations from donors, and ignores operating expenses. For example, Alabama is ranked #4 based on revenue but coming into last season actually had an operating deficit.
I think basing the value of a college sports team based on its revenue is a crude way of determining value; the fact that the SEC has 9 teams in the top 25 mostly points to a recently re-negotiated media deal and not the fact that anybody gives a shit about Auburn or Arkansas on the national stage. A&M is a big school with a large alumni base and strong revenue streams but that doesn't make them the most "valuable" any more than McDonald's is the "most valuable" food because it makes the most money.
December 18th, 2021 at 9:23 AM ^
Theres really no other way. You can’t judge them based on “profits” because technically they’re not supposed to profit. “Operating deficits” are simply ways to fix that and “break even” over a period of time.
Things like scholarships are counted as an expense, even though it doesn’t cost the school any actual money. So they’re making a ton of money but it’s going in the books as breaking even/deficits.
But yes, the value of anything in the business world is determined by its ability to make money and potential for future money to continue flowing. You can’t really do that in a non-profit market like college sports.
December 18th, 2021 at 10:53 AM ^
I guess my point is they shouldn't call this a list of "most valuable" as much as "highest revenue" or "top earners". It's like how MVP in sports aren't usually based purely on the player who had the most yards, scored the most points, scored the most goals, etc.
There's no exact science but, for example, the story attached to this graphic points out this valuation is based on a 3-year average revenue leading up to 2021 (they then reference the pandemic and how it would affect 2022 numbers but they then cite 2020 numbers). Well, the Big 10 didn't have attended home games last year so they lost millions in terms of gate receipts and the like, while the SEC and Big 12 had attended (if sometimes limited) games. So even there you've got some weird accounting going on with an uneven basis.
I don't particularly care either way beyond the fact I always find these groupings and lists weird because it feels like they take a bag of fruit and then say they rank said fruit by how orange the skin is and then crow about the fact an orange won.
December 18th, 2021 at 1:20 PM ^
At that point you’re attempting to compare value in a business sense to value in what a player brings to a team sense. Same word, different application. The value of a business is almost entirely based on the money. And since profit margins are essential unusable in college sports, revenue is the next closest tool. These schools bring in the most cash, so they’re worth the most on a theoretical open market.
December 18th, 2021 at 9:14 AM ^
I believe the preferred nomenclature is A2M
December 18th, 2021 at 10:03 AM ^
I am with you. I have never met anyone that went to A&M, but UT people are everywhere I go.
December 18th, 2021 at 10:25 AM ^
Wanna know how many jokes there are about Aggies?
Two. All the rest of the stories are true.
December 18th, 2021 at 7:58 AM ^
At least OP doesn’t have enough points to start another thread now…
December 18th, 2021 at 9:33 AM ^
Raise the point threshold for posting.
December 18th, 2021 at 8:12 AM ^
So A&M and Texas decided to literally cash in on this recruiting cycle. This is both good and bad, depending how ones views it, that it will not impact their on-field play.
December 18th, 2021 at 8:32 AM ^
I'm not buying it. Our helmets are more valuable than their entire programs.
December 18th, 2021 at 8:56 AM ^
This title is bad and you should feel bad.
December 18th, 2021 at 9:17 AM ^
I'm Justin Feagin?
December 18th, 2021 at 10:31 AM ^
3 years 8 months and 32 points to show for it. I think the OP also had a rough time in High School.
December 18th, 2021 at 10:48 AM ^
Buy more MDen stuff.
Go Blue.
December 18th, 2021 at 10:07 PM ^
Clickbait=downvote
December 18th, 2021 at 10:07 PM ^
Clickbait=downvote
December 19th, 2021 at 1:23 AM ^
I believe the University of Michigan is invaluable.