It remains to be seen how high the No. 19 Michigan Wolverines will move up the rankings.
But when it comes to making money, the football team brings in more dough than just about any other in the nation.
According to Forbes list of Most Valuable College Football Teams, Michigan is ranked No. 3, trailing only No. 2 Texas and No. 1 Texas A&M.
The criteria Forbes used was fairly straightforward:
- The data comes from 2014, 2015, and 2016
- “Relied on annual filings made by each school’s athletic department to the NCAA and the Department of Education”
- “Revenues and expenses allocated to football were also adjusted to account for differences in accounting practices among athletic departments”
The Michigan football team brought in $127 million worth of revenue, with a net profit of $75 million.