NEW: See What College Basketball Teams in New England are Worth
Thursday, April 02, 2015
Providence College
Providence College is the only Rhode Island team to make the list. PC finds themselves inside the top 50 at the number 47 spot. PC's value, according to the Journal, is $42,008,000. PC basketball brought in $11,663,643 in revenue in 2014.
Boston College
Boston College is the only Massachusetts team that made the list at the 87 spot. BC is valued at $24,085,000 and brought in $7,386,121 in revenue in 2014. Boston College is ahead of Colorado State and behind TCU.
Connecticut
Connecticut is ranked the highest of all the New England teams, coming in at number 13. UConn is valued at $111,852,000 and brought in $22,788,158 in revenue in 2014.
The Rankings
The Wall Street Journal found that the Louisville Cardinals are worth the most with a value of $367,435,000. Arizona is ranked second with a value of $314,959,000 while Kansas, Ohio State and final four bound Wisconsin round out the top five.
The number one team in the country, undefeated Kentucky comes in at number six with a value of $213,285,000.
The least valuable team is deemed to be UTEP with a value of $11,572,000.
The Study
The valuations were done by Ryan Brewer, who is an assistant professor of finance at Indiana University-Purdue University Columbus. Brewer analyzed each programs revenues and expenses made cash flow adjustments, risk assessments as well as growth projections for each team.
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