Hook ’em ‘Horns . . . all the way to the bank.
The Texas Longhorns are the most valuable team in college sports.
Forbes magazine says Texas has a team value of $119 million, easily topping Notre Dame, last year’s leader, by $11 million.
The magazine based its rankings on “dividend money,” or what’s left for academics (including football scholarships) and nonrevenue sports after the cost of running the football program.
According to Forbes, Texas had a $59 million profit. Notre Dame’s team value was $108 million, with a $38 million profit.
Rounding out the top 10 are Penn State, Nebraska, Alabama, Florida, LSU, Ohio State, Georgia and Oklahoma.
At $93 million, Nebraska made the biggest improvement, up from No. 18. Donations required by Nebraska for season-ticket holders to keep their seats totaled $15 million last season.
