NIU Worth $15.5 Million?

An Indiana University professor estimates that NIU's football program is worth $15.5 million.
ROCKFORD-How much is NIU's football program worth? $15.5 million according to a study by Indiana University finance professor Ryan Brewer. He rated the value of all of college football's division one programs much like corporations are rated based on the revenue they generate and earnings potential.

NIU ranks 95th out of 116 football programs with that $15.5 million figure. The University of Texas is number one at a value of $875 million. Notre Dame is right behind at $811 million.

Wisconsin is ranked 13th ($406.4M), Northwestern is 40th ($154.5M), and Illinois 55th ($94.5M).
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