COLLEGE STATION, Texas (CBSDFW.COM/AP) – Texas A&M has supplanted Texas as America’s most valuable college football program.
Forbes magazine on Tuesday released its list of most valuable college football programs based on estimate averages for profits and revenue for the 2014, ’15 and ’16 seasons.READ MORE: UPDATE: Investigation Continues Into Cause Of Military Plane Crash Into Texas Neighborhood
Texas had held the top spot, drawing $100 million in revenue in 2011 and $92 million in profit alone in 2014.
A&M’s rise was attributed to an increase in athletic department contributions, along more ticket revenue and conference revenue from the Southeastern Conference.
So far in 2018, both teams are 1-1.READ MORE: Redistricting, Transgender Athletes & COVID Mandates On Agenda Of Texas' 3rd Special Session
Texas A&M brought in $148 million in revenue and made $107 million in profit, according to Forbes’ estimates. Texas made $133 million in revenue and $87 million in profit, while Michigan was third at $127 million and $75 million.
Alabama and Ohio State round out the top five.
(© Copyright 2018 CBS Broadcasting Inc. All Rights Reserved. The Associated Press contributed to this report.)MORE NEWS: Homeland Security Chief At Texas-Mexico Border As Thousands Of Migrants Crowd In Makeshift Camp