Quantcast

Texa$ Longhorn$, college football's most profitable team - KTBS.com - Shreveport, LA News, Weather and Sports

Texa$ Longhorn$, college football's most profitable team

Posted: Updated:
Austin, TX -

Texas players met with reportersThursday for the first time since Mack Brown announced his retirement and most expressed shock and disappointment.  The team wants to make sure Brown goes out a winner when Texas plays Oregon in the Alamo Bowl December 30th in San Antonio.

New Texas athletic director Steve Patterson has hired an eight-person search committee to help him hire the next coach.

And this decision becomes critical beyond the obvious of winning and losing football games.  The Texas football program is far and away the most valuable and profitable in the country.  In a report released by Forbes Magazine, the Longhorns bring in tens of millions of dollars more than any other program in America.

According to Forbes, in the last year the Texas football program brought in revenues of 109-million dollars, with a profit of 82-million.  This is just football.  Nine of the top 20 programs are from the SEC, but no one is close to Texas.

Michigan is number two in terms of profit at 58-million dollars. That's from revenue of 81-million.. And that revenue trails Alabama..

But the Crimson Tide spend so much they rank fifth in profit at 47-million.  Florida nets 49-million on annual revenues of 75-million.

LSU has annual revenue of 74-million dollars with a net profit of 48-million dollars, then Alabama

Notre Dame, Oklahoma and Georgia are the others with net profits of 40-million or more.

This is just one example of why the stakes have become so high.  When seeing the money involved, one could also make a case that a coach like Les Miles or Nick Saban is actually underpaid.

  • News NowMore>>

  • Arkansas unemployment rate dips below 7 percent

    Arkansas unemployment rate dips below 7 percent

    Friday, April 18 2014 10:01 PM EDT2014-04-19 02:01:16 GMT
    State officials say Arkansas' unemployment rate has dropped below 7 percent for the first time in more than five years.   The Arkansas Department of Workforce Services says the state's unemployment rate
    State officials say Arkansas' unemployment rate has dropped below 7 percent for the first time in more than five years.
  • Patient seeks monetary damages against Ark. doctor

    Patient seeks monetary damages against Ark. doctor

    Friday, April 18 2014 10:00 PM EDT2014-04-19 02:00:16 GMT
    A 23-year-old Arkansas woman, who authorities say a Paragould doctor snapped nude photos of during a gynecology examination, has filed a lawsuit against the medical practitioner.   The civil complaint
    A 23-year-old Arkansas woman, who authorities say a Paragould doctor snapped nude photos of during a gynecology examination, has filed a lawsuit against the medical practitioner.
  • Superdome secret; Ryan Grant

    Superdome secret; Ryan Grant

    Friday, April 18 2014 6:55 PM EDT2014-04-18 22:55:46 GMT
    One of the reasons Tulane became a winning program under former Saints wide receivers coach Curtis Johnson is wide out Ryan Grant.
    One of the reasons Tulane became a winning program under former Saints wide receivers coach Curtis Johnson is wide out Ryan Grant.
  • National SportsMore>>

  • Datsyuk's late goal lifts Detroit over Boston 1-0

    Datsyuk's late goal lifts Detroit over Boston 1-0

    Friday, April 18 2014 10:21 PM EDT2014-04-19 02:21:37 GMT
    Pavel Datsyuk scored at 16:59 of the third period, moments after Jimmy Howard's best save of the game, and the Detroit Red Wings beat the top-seeded Boston Bruins 1-0 in the opener of their Eastern Conference...
    Pavel Datsyuk scored at 16:59 of the third period, moments after Jimmy Howard's best save of the game, and the Detroit Red Wings beat the top-seeded Boston Bruins 1-0 in the opener of their Eastern Conference playoff...
  • Harang pulled with no-hitter, Braves beat Mets 6-0

    Harang pulled with no-hitter, Braves beat Mets 6-0

    Friday, April 18 2014 10:21 PM EDT2014-04-19 02:21:34 GMT
    Aaron Harang threw no-hit ball for seven innings but was pulled after 121 pitches, and reliever Luis Avilan gave up David Wright's two-out single in the eighth as the Atlanta Braves beat the New York Mets 6-0...
    Aaron Harang threw no-hit ball for seven innings but was pulled after 121 pitches, and reliever Luis Avilan gave up David Wright's two-out single in the eighth as the Atlanta Braves beat the New York Mets 6-0 Friday...
  • Canadiens top Lightning again for 2-0 series lead

    Canadiens top Lightning again for 2-0 series lead

    Friday, April 18 2014 10:01 PM EDT2014-04-19 02:01:38 GMT
    Rene Bourque had two goals and David Desharnais and Brendan Gallagher also scored Friday night, helping the Montreal Canadiens beat the Tampa Bay Lightning 4-1 in Game 2 of their Eastern Conference quarterfinal...
    Rene Bourque had two goals and David Desharnais and Brendan Gallagher also scored Friday night, helping the Montreal Canadiens beat the Tampa Bay Lightning 4-1 in Game 2 of their Eastern Conference quarterfinal series.
  • ArkLaTex SlideshowsMore>>

  • Celebrate Education 2014

    Celebrate Education 2014

    Thursday, April 17 2014 3:30 PM EDT2014-04-17 19:30:00 GMT
    Community Projects Director Jan Elkins with donors for the KTBS 3 St. Jude Dream Home.
    CELEBRATE EDUCATION, and it begins next week at the Shreveport Convention Center.
  • KTBS 3 St. Jude Dream Home.

    KTBS 3 St. Jude Dream Home.

    Thursday, April 17 2014 3:04 PM EDT2014-04-17 19:04:35 GMT
    Community Projects Director Jan Elkins with donors for the KTBS 3 St. Jude Dream Home.
    Community Projects Director Jan Elkins with donors for the KTBS 3 St. Jude Dream Home.
  • KTBS 3 Easter Basket Giveaway

    KTBS 3 Easter Basket Giveaway

    Tuesday, April 15 2014 4:48 PM EDT2014-04-15 20:48:59 GMT
    Members of the KTBS 3 News team partnered with Loyola College Prep, Holy Trinity Catholic Church and the Knights of Columbus this morning.  We delivered Easter packages filled with food to those less fortunate.
    In the spirit of Easter, members of the KTBS 3 News team partnered with Loyola College Prep, Holy Trinity Catholic Church and the Knights of Columbus this morning.  We fanned out across the area, delivering Easter packages filled with food to those less fortunate this year.  Please join us in wishing everyone  Happy Easter!
  • Assignment EducationMore>>

  • Celebrate Education 2014

    Celebrate Education 2014

    Thursday, April 17 2014 3:30 PM EDT2014-04-17 19:30:00 GMT
    Community Projects Director Jan Elkins with donors for the KTBS 3 St. Jude Dream Home.
    CELEBRATE EDUCATION, and it begins next week at the Shreveport Convention Center.
  • Louisiana Tech to showcase innovation, entrepreneurship at annual ‘I-20 Top 20’

    Louisiana Tech to showcase innovation, entrepreneurship at annual ‘I-20 Top 20’

    Thursday, April 17 2014 2:31 PM EDT2014-04-17 18:31:46 GMT
    University Hall at LA TechUniversity Hall at LA Tech
    Business and community leaders, technology entrepreneurs, and leaders in innovation throughout north Louisiana will gather at Louisiana Tech University, April 29 for the second annual I-20 Top 20 Regional
    Business and community leaders, technology entrepreneurs, and leaders in innovation throughout north Louisiana will gather at Louisiana Tech University, April 29 for the second annual I-20 Top 20 Regional Showcase.
  • Education chief gets favorable job review

    Education chief gets favorable job review

    Wednesday, April 16 2014 8:41 AM EDT2014-04-16 12:41:51 GMT
    John White, LA Superintendent of EducationJohn White, LA Superintendent of Education
    State Superintendent of Education John White has received a favorable job evaluation. The review was done by the state Board of Elementary and Secondary Education. Board President Chas Roemer announced
    State Superintendent of Education John White has received a favorable job evaluation.
Section is sponsored by:
  • KTBS 3 News Tips

    Send your news tip or story idea to the KTBS 3 Newsroom.  Enter your email address below to get started.

    * denotes required fields
    We're sorry, but only one entry is allowed per person.
    Thank you for your continued interest.

    Thank you for your submission to KTBS 3 News.  A member of our staff may contact you for more information.

Share Your Images
Powered by WorldNow
    Powered by WorldNow
    All content © Copyright 2000 - 2014 Worldnow and KTBS. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.
    Advertising | EEO Public File | KTBS 3 Public File | KPXJ 21 Public File