Football is big business at Ohio State, and business is booming.
According to a report from The Wall Street Journal that cites analysis from Indiana University-Purdue University Columbus associate finance professor Ryan Brewer, the Buckeye football program is valued at a startling $1,510,482,000 — more than any other college football program in the country.
That’s a 59.6% increase in value for a program that was already worth the most nationally according to the study, which analyzes what each team would be worth on the open market if sold like a professional sports franchise.
For comparison, Forbes currently values the net worth of the Cincinnati Bengals at 30th in the NFL with an estimated $1.8 billion evaluation.
Texas ($1.24 billion) and Oklahoma ($1 billion) were the only other schools to break the billion-dollar mark.
The top 10:
| RANK | PROGRAM | WORTH ($) |
|---|---|---|
| 1 | OHIO STATE | 1,510,482,000 |
| 2 | TEXAS | 1,243,124,000 |
| 3 | OKLAHOMA | 1,001,967,00 |
| 4 | ALABAMA | 930,001,000 |
| 5 | LOUISIANA STATE | 910,927,000 |
| 6 | MICHIGAN | 892,951,000 |
| 7 | NOTRE DAME | 856,938,000 |
| 8 | GEORGIA | 822,310,000 |
| 9 | TENNESSEE | 745,640,00 |
| 10 | AUBURN | 724,191,000 |
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