You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Editorials

  • Path open to an Open Door ruling
    While the Indiana State Board of Education’s political battle with state Superintendent Glenda Ritz rages on, a Marion County judge has ruled the board’s legal battle also will continue.
  • A healing gesture
    Steve Shine’s job as Allen County GOP chairman is to get Republicans elected. The task is tougher in city races, where his party doesn’t enjoy the numbers advantage it holds throughout the county.
  • HIP 2.0 is great, but we have a better choice
    As someone who was in on the birth of the Healthy Indiana Plan, I suppose I should feel paternal warmth at the praise that has been heaped on the program by Gov. Mike Pence in recent weeks.One of the ...
Advertisement

Furthermore

Putting price on Irish football

That fierce little Fighting Irish leprechaun can stop searching for the pot of gold. It appears to be sitting on the 50-yard line at Notre Dame Stadium.

A study by Indiana/Purdue-Columbus finance professor Ryan Brewer and reported this week by the Indianapolis Business Journal lists The University of Texas and the University of Notre Dame as the two most valuable college football programs in the country.

Value? What does that have to do with it? College football players are supposed to be above reproach, aren’t they? Whatever the offer, players are supposed to decline. A.J. McCarron couldn’t accept gifts for his girlfriend from Brent Musburger. Manti Te’o couldn’t accept gifts for his girlfriend from anybody. If someone asked “Johnny Football” Manziel to write his name 25 times on sports memorabilia, he was supposed to say he couldn’t.

But for the colleges and universities themselves, it’s a different story. College football is big business, and nowhere is it much bigger than at Notre Dame.

Ranking the programs as other surveys rank businesses, Brewer valued the Texas Longhorns at $875 million and says that during its most recently reported fiscal year, the program brought in $131 million in revenue, IBJ reported. Notre Dame was valued at $811 million and generated $96.6 million in revenue.

By contrast, the Seminoles of Florida State, the recently crowned national champions, were ranked 22nd and valued at a mere $277.9 million.

“The one thing that is quickly evident from Brewer’s list,” wrote IBJ’s Anthony Schoettle, “is how dominant – and football rich – the SEC and Big Ten conferences are.”

Indeed, there are six Big Ten schools in the top 15 school valuations – Michigan, Ohio State, Iowa, Nebraska, Wisconsin and Penn State. Indiana is not among them. Brewer gives the Hoosiers a paltry No. 46 valuation ranking, with an estimated value of $125.8 million. Purdue is No. 48, at $114 million.

Advertisement