Notre Dame And Alabama's Football Teams Are Worth More Than $1 Billion Combined

If college football teams could be bought and sold like NFL teams, how much would it cost to purchase the Notre Dame and Alabama?

According to a study at Indiana University-Purdue University Columbus (via WSJ.com), Notre Dame's football team is worth $579.4 million while the Alabama program is worth $476 million.

That is nearly $1.1 billion combined. Amazingly, neither school is among the top three most valuable football programs.

The Texas Longhorns top the list at $761.7 million, followed by Michigan ($731.9M) and Florida ($599.7M). Notre Dame is fourth and Ohio State ($586.6M) rounds out the top five. Alabama is eighth.

The study used factors such as "revenues and expenses and made cash-flow adjustments, risk assessments and growth projections" to calculate the value of each program.

Here's the top ten, which includes five SEC teams, two Big 12 teams, two Big Ten teams, and one independent...

1. Texas, $761.7 million
2. Michigan, $731.9 million
3. Florida, $599.7 million
4. Notre Dame, $597.4 million
5. Ohio State, $586.6 million
6. Auburn, $508.1 million
7. Georgia, $481.8 million
8. Alabama, $476.0 million
9. LSU, $471.7 million
10. Oklahoma, $454.7 million