The Longhorns had $133 million in revenue and $87 million in profit, with the Wolverines recording $127 million revenue and $75 million profit.
Though this is the first ranking from the magazine since 2015, UT has always been atop Forbes's list. The Aggies edged out Texas, who had long held the title of the most valuable team in college football.
Forbes announced its annual valuation of college football programs Tuesday, and the Aggies lead all college football programs with $148 million in football revenue from 2014-16, and a profit of $107 million over that same time frame. That's largely thanks to a roughly $10 million per year deal the athletic department has with Nike and a TV contract with ESPN for the Longhorn Network that runs through 2031.
FEMA chief under investigation over use of official cars
Long said FEMA is used to the blame game because disasters are frustrating and FEMA is always the end of the line. The news of the investigation comes as the east coast of the United States braces for Hurricane Florence .
Third on the list is MI, followed by Alabama, and Ohio State. The top programs are known for bringing in serious revenue every single year.
A&M's rise to the top is mostly due to a major increase in contributions to the athletic department.
The Oregon Ducks were ranked 12th with revenues of $92 million and a profit of $54 million.
Their 2012 move to the Southeastern Conference didn't hurt either, as the league shelled out another $41 million to each member school.
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