Gophers football program valued at $139.7 million


Dec 28, 2012; Houston, TX, USA; Minnesota Golden Gophers wide receiver MarQueis Gray (5) rushes for a first down against the Texas Tech Red Raiders during the second quarter of the Car Care Bowl at Reliant Stadium. Mandatory Credit: Troy Taormina-USA TODAY Sports

Gophers football may not be ranked by the AP or BCS, but they are ranked pretty well on another list.

According to an annual analysis of the values of major-conference college-football programs, the University of Minnesota ranked No. 42 overall at $139.7 million.

Ryan Brewer, an assistant professor of finance at Indiana University-Purdue University Columbus, calculated revenues and expenses of 115 teams to make cash-flow adjustments, risk assessments and growth projections for each school.

The University of Texas is ranked No.1 at a valuation of $761.7 million.