Hat-tip to Mike Pegram, proprietor of Peegs.com for pointing this one out on Twitter today. Found it interesting enough that I decided to share it.
According to this story by the Wall Street Journal Indiana would be the third most valuable program in college basketball if college basketball teams could be bought and sold like professional franchises. According to the story, the study was done by Ryan Brewer, an assistant professor of finance at Indiana University-Purdue University Columbus. Brewer, according to the story, “calculated the intrinsic valuations of 100 top Division I programs, including all 74 major-conference ones. Among other factors, the study examined each program’s revenues and expenses and made cash-flow adjustments, risk assessments and growth projections for every school.”
Indiana, according to the study, would be worth $130.8 million. Louisville, thanks to the capacity of the KFC Yum! Center, was ranked No. 1 at $211.5 million. Kansas is second at $140.6 million. Ohio State ($120.3 million), Arizona ($110.4 million), North Carolina ($109.8 million), Duke ($105.9 million), Virginia ($97.6 million), UNLV ($88.4 million) and Minnesota ($87.9 million) rounded out the top 10. No. 11 Wisconsin ($87.7 million), No. 18 Purdue. ($73.2 million) and — yes, really —No. 20 Northwestern ($66.0 million) give the Big Ten six schools in the top 20.