sutomcat
No recent Cali or Iggy awards; Mr Irrelevant
- Joined
- Aug 15, 2011
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SU News
Syracuse Rated 48th in Terms of Football Program Worth (TNIAAM; Cassillo)
Syracuse football is a valuable commodity. That may sound ridiculous right about now, coming off a 3-9 season in which we pretty much hated the product on the field and USA Today was happy to give us a (deserved) D-minus grade. But believe it or not, the Orange are actually worth something -- if they could be bought, that is.
The Wall Street Journal published the interesting work late Monday, detailing Indiana University-Purdue University assistant professor Ryan Brewer's study of what college football programs are "worth" on the open market. Obviously this isn't a system that truly exists -- you can't buy or sell football programs the way you can franchises -- however, it's still fun to see where each school stacks up so you can do some nonsensical shouting about "bragging rights." Don't worry, we'll get there...
But first, Syracuse. The Orange finished 48th overall in the rankings, with an estimated program revenue of $39,447,454 to go along with an intrinsic value of $137,570,000 (rankings are based on that second number). Brewer defines that second figure as estimated using fundamental analysis -- including on-field performance, stadium size, state-by-state growth rates, cash flow, revenues and NFL programs' financial information. So these are long-term investment evaluations, basically.
...
Syracuse Rated 48th in Terms of Football Program Worth (TNIAAM; Cassillo)
Syracuse football is a valuable commodity. That may sound ridiculous right about now, coming off a 3-9 season in which we pretty much hated the product on the field and USA Today was happy to give us a (deserved) D-minus grade. But believe it or not, the Orange are actually worth something -- if they could be bought, that is.
The Wall Street Journal published the interesting work late Monday, detailing Indiana University-Purdue University assistant professor Ryan Brewer's study of what college football programs are "worth" on the open market. Obviously this isn't a system that truly exists -- you can't buy or sell football programs the way you can franchises -- however, it's still fun to see where each school stacks up so you can do some nonsensical shouting about "bragging rights." Don't worry, we'll get there...
But first, Syracuse. The Orange finished 48th overall in the rankings, with an estimated program revenue of $39,447,454 to go along with an intrinsic value of $137,570,000 (rankings are based on that second number). Brewer defines that second figure as estimated using fundamental analysis -- including on-field performance, stadium size, state-by-state growth rates, cash flow, revenues and NFL programs' financial information. So these are long-term investment evaluations, basically.
...
