Maryland basketball among Forbes' Top 25 Most Valuable

Maryland basketball among Forbes' Top 25 Most Valuable
March 18, 2014, 1:00 pm
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Maryland might not be headed for an NCAA tournament, but according to Forbes Magazine, it has at least one positive to take away from this season.

According to Forbes, Maryland is the 18th-most valuable program in college basketball, one spot ahead of Minnesota and one spot behind Xavier.

You can read the methodology for determining a program's value here.

Statistics are from the 2012-13 season, but Maryland's basketball program is listed as having made $7.8 million in profit and is valued at $11.9 million.

The most interesting fact that Forbes notes, though, is that Maryland's basketball revenue nearly matches the school's revenue that comes from football. Considering the sheer size of a football program, which draws 30,000 fans to a half-full stadium, that's a rare feat in college athletics.

Maryland's move to the Big Ten next season should mean more money--at least that's the entire idea behind the transition--so we'll see in two years how the numbers look once they become available.

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