Forbes ranks value of football programs: U-M second, MSU'th

Michigan has the second-most valuable football program in the country and Michigan State is No. 19, according to analysis by Forbes.

The No. 1 program is Texas with a value of $133 million and football revenue of $104 million for the 2011-12 fiscal year.

Michigan's value was estimated at $120 million, with football revenue of $85 million, and Michigan State was at $64 million in value and $50 million in football revenue.

Forbes based its analysis on a weighted scoring system to measure four key areas. They are, in order of importance:

* 1. The football program's value to its university

* 2. Value to the school's athletic department

* 3. Value to the school's conference

* 4. Value to surrounding community

Forbes' top 20

1. Texas

2. Michigan

3. Notre Dame

4. LSU

5. Georgia

6. Alabama

7. Florida

8. Auburn

9. Tennessee

10. Arkansas

11. Nebraska

12. Oklahoma

13. Penn State

14. Wisconsin

15. Oregon

16. Southern California

17. South Carolina

18. Washington

19. Michigan State

20. Ohio State

To see the complete report: http://onforb.es/T7j5MR

Source: http://www.detroitnews.com/article/20121219/SPORTS0201/212190410/1132/rss18

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