Wednesday, January 16, 2008
College basketball team valuations?
At Forbes, Peter Schwartz lists his "valuation" of the top 25 college basketball teams.
The leaders are no surprise: teams on tobacco road & its western extension into Kentucky (UK & UL). Top ranked North Carolina is listed as having a value of $26.0 million, with 2006 profit of $16.9 million. Just East on I-40, # 13 NC State's figures are $13.6 million and $7.9 million, respectively.
One can't separate the teams from the schools - i.e. there is no market for the teams - so this is purely a curio. Even so, the value estimates seem too low in terms of the value delivered to the school, and the method used to create them is not discussed.
The leaders are no surprise: teams on tobacco road & its western extension into Kentucky (UK & UL). Top ranked North Carolina is listed as having a value of $26.0 million, with 2006 profit of $16.9 million. Just East on I-40, # 13 NC State's figures are $13.6 million and $7.9 million, respectively.
One can't separate the teams from the schools - i.e. there is no market for the teams - so this is purely a curio. Even so, the value estimates seem too low in terms of the value delivered to the school, and the method used to create them is not discussed.
