Which College Football Teams Make the Most Money in Florida?
So which Florida schools are making the most off their football teams?
The Memphis Business Journal has put together a database of each team's income and expenses for 2009. Here's the breakdown for all seven Division 1-A schools in Florida:
It shouldn't come as a surprise either that recent national champions are among the highest earning teams. Florida came in sixth overall, and teams such as Alabama, Auburn, and LSU also fill out the top ten. University of Texas is the top earner, with almost $94 million in football revenues in 2009. All of that money hasn't bought them a recent national championship, though.
Meanwhile, lowly Florida Atlantic University, which spends more than twice on football than it takes in, was the lowest earning football team in Division 1-A in 2009 (to be fair, numbers of Air Force and Navy were not available).
Follow Miami New Times on Facebook and Twitter @MiamiNewTimes.