Mar 18, 2013, 8:30 PM EDT
Every year, Forbes releases a list of the most valuable programs in college basketball. Louisville tops the list season, valued at $38.5 million during the 2012-13 season.
The Cardinals also topped Forbes’ list last season at $36.1 million.
It’s another in a steady list of accolades the Cardinals have acquired over the past few weeks. Earning the number one overall seed in the NCAA Tournament after winning the Big East Conference tournament championship and earning a share of the Big East regular season title.
The success, according to the article, can be attributed largely to the opening of the KFC Yum! Centrer in 2010-11. The ticket sales were up 28.4-percent at $14.2 million after the opening. The contributions to the team are on the rise as well, reaching $20.4 million last year.
Kansas — now worth $32.9 million — along with North Carolina ($32.8 million) and Kentucky ($32.1 million) come in in second, third and fourth, respectively. Duke was down a bit, ranking 11th at $17.1 million in net worth.
More than the rankings, this is a clear-cut example of how big of a business major college athletics have become. I won’t get into the “pay for play” argument — that’s an entirely different post in itself — but these schools generate millions in revenue for schools.
These numbers definitely give us all something to think about.
Follow David Harten on Twitter at @David_Harten
Sep 20, 2014, 11:29 PM EDT
Three Mountain West programs and one Big Ten program among the schools on the Las Vegas native’s list.
Sep 20, 2014, 7:50 PM EDT
The elite PG from New Jersey had his first in-person meeting with Kentucky head coach John Calipari on Thursday.
Sep 20, 2014, 6:18 PM EDT
The South Charleston HS floor general was one of the state’s best players last season, and he could prep for a year before joining the WVU program.
Sep 20, 2014, 5:03 PM EDT
The son of a former national champion has made a name for himself by scoring 28 points per game as a junior.
Sep 20, 2014, 3:35 PM EDT
Mount St. Mary’s rewarded head coach Jamion Christian with an extension.
Sep 20, 2014, 2:00 PM EDT
Gonzaga has one of its deepest teams of all time and the Bulldogs are challenging themselves with a difficult non-conference schedule.
Sep 20, 2014, 12:45 PM EDT
Bradley forward Auston Barnes has been charged with misdemeanor domestic battery following an August arrest.
Sep 20, 2014, 11:30 AM EDT
Pitt and head coach Jamie Dixon no longer hold a commitment from a former 2016 recruit.
Sep 20, 2014, 10:15 AM EDT
A three-star forward has four schools that are heavily involved.
Sep 20, 2014, 9:00 AM EDT
Matt McQuaid can really light it up from the perimeter.
Sep 19, 2014, 11:50 PM EDT
Stephen Zimmerman is ranked the No. 10 overall recruit by Rivals.
Sep 19, 2014, 11:00 PM EDT
Kentucky fans camped out on Monday in order to officially camp out for tickets on Wednesday morning.
Sep 19, 2014, 9:45 PM EDT
The Rhode Island forward is eligible after missing the 2013-2014 season.
Sep 19, 2014, 9:00 PM EDT
The 6-foot-8 forward has two years of eligibility remaining.
Sep 19, 2014, 8:15 PM EDT
He was arrested on Feb. 14.
Sep 19, 2014, 7:00 PM EDT
The Yellow Jackets have added two new assistant to the coaching staff this offseason.
Sep 19, 2014, 5:25 PM EDT
The Orange holds the first of two exhibition games on Nov. 2.
Sep 19, 2014, 4:08 PM EDT
The Roselle Catholic (New Jersey) product picked the Gamecocks over Seton Hall and Rhode Island.
Sep 19, 2014, 2:46 PM EDT
Interestingly enough, UAB visits Chattanooga December 22.
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