(04-12-2025 04:34 PM)Nerdlinger Wrote: Updated table. I tried some color to spice it up, but let me know if it looks garish.
![[Image: sUESQt6.png]](https://i.imgur.com/sUESQt6.png)
It’s a great consolidation of a lot of data.
My observations:
1. Total valuations of football and men’s basketball increased comparably. Football valuations increased 53% (from $21.8B in 2018 to $33.4B in 2024). Men’s basketball valuations increased 56% (from $5.4B to $8.3B). Football valuations are still 4x larger, but both sports are considered to have comparable growth and profitability trajectories.
2. The growth in WSJ valuations is dramatically different across the power conferences.
- B1G members’ total valuation grew 110%, more than doubling in 5 years. The four team expansion from ex-PAC members obviously helped. More impressively, lots of B1G members’ valuations grew by over 80% (e.g., Ohio State, Michigan and Penn State).
- ACC members’ total valuations grew 100%, exactly doubling during the past 5 years. Unlike the B1G and SEC, ACC expansion was obviously not about new members’ inherent valuations…Cal, Stanford and SMU valuations are relatively weak. Nevertheless, both football-first middle class (e.g., VT, NCS, GT & Pitt) and basketball-first blue-blood (e.g., UNC, Duke) members had excellent growth in valuations. FWIW - I still don’t understand why schools like Clemson and FSU don’t get higher WSJ football valuations…at least in 2024, the same phenomenon happened to SEC smaller market programs.
- SEC members’ total valuation grew by 58%. But the SEC growth was driven primarily by acquisitions/expansion. Texas and Oklahoma accounted for $3B (out of the $5B) in SEC total valuation growth. Schools in large markets (e.g., Texas, TAMU, UGA & UF) valuations grew consistently with the average B1G members. Valuations for smaller market programs took a relative hit during the past 5 years.
- B12 members’ total valuations grew 42%, with a lot variables making an impact. OUT total valuations are actually greater than those of the combined new eight members. IMHO - Kansas’ football valuation, and 5 year growth, doesn’t make sense…it’s a knit, but Kansas football valuation growing three fold is a head-scratcher.
-PAC members’ total valuation decreased by 89%. Disbanding the PAC was a large part of the B1G’s growth and B12 stabilization.
3. Per a valuations driven expansion, the ideal SEC expansion would be: Kansas, North Carolina, Duke and Virginia Tech. All new markets, basketball blue bloods and a football-first program in a relatively larger and growing area. If the B1G needs to match the SEC in membership size, this leaves the FSU and Miami to augment the B1G’s football depth. Clemson and Notre Dame (partial/non-football) still anchor the ACC.