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Forbes ranks Auburn and Alabama among most valuable college football teams

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Alabama and Auburn have been ranked among the most valuable college football teams in the country.

Forbes Magazine’s released their list of the most valuable college football programs on Wednesday. Alabama ranked 3rd and Auburn finished 11th.

Alabama’s football program brought in $89 million in revenue and $47 million in profit during a 12- month period between 2012 and 2013. Alabama also spent more money on their football program than any other school in the country.

Right behind Alabama in the spending category was Auburn. Forbes valued Auburn’s program at $77 million, with $75 million in revenue and $39 million in profit.

Forbes says they considered each team’s value to its overall athletic department and its contributions to academic endeavors, it’s conference and its school’s local economy when evaluating a school's football program.

Texas ($139 million) and Notre Dame ($117 million) topped the list of most valuable football programs.
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