Forbes came out with their list of college football’s most valuable teams for 2013 and the LSU Tigers came in at No. 4 on their list, trailing the Texas Longhorns, Notre Dame Fighting Irish and Alabama Crimson Tide. Forbes measured the LSU program to be worth $105 million.
“To determine college football’s most valuable teams, we consider each team’s value to its athletic department, its university’s academic endeavors, its conference and its school’s local economy. Athletic value consists of football profit that is directed toward supporting non-revenue sports, like softball or gymnastics, while a team’s value to academics consists of money that supports football scholarships or other non-athletic programming, like faculty support, non-athletic scholarships or a library fund. Conference value consists of revenue generated for other conference teams by participating in a bowl game, and a team’s value to its local community consists of the direct spending injected by fans visiting the area on days of the team’s home games.” [Source: Forbes]
The Florida Gators and Georgia Bulldogs came in at No. 5 and No. 8, respectively to give four teams inside the top after seven SEC teams were in last year’s top 10. Coming in at No. 4 behind these college football royalties is a testament to the work of anyone associated with the university and the football program to be in this company. Being ranked ahead of teams like Michigan, USC, Oklahoma and Ohio State is incredibly impressive.
“LSU is a self-sustaining unit of the University, and it is one of the few athletic departments in the nation that receives no state funding and no student fees. The LSU Athletic Department has committed to transferring $7 million annually to the academic side of the university.” [Source: LSUSports.net]
Despite a down season for LSU standards, the Tigers are a bowl win away over the Iowa Hawkeyes on New Year’s Day in the Outback Bowl from another 10-win season and have played in 14 consecutive bowl games and won at least eight games for 14 straight seasons.