Not even Texas alum Matthew McConaughey could afford to buy his alma mater’s football program.
In a story published Monday, The Athletic’s Matt Baker appraised every Power Four team (plus Notre Dame) as an experiment. The Longhorns ranked No. 1 with a projected price of $2.38B, ahead of the Georgia Bulldogs ($1.92B) and Ohio State Buckeyes ($1.90B).
That number is well outside McConaughey’s price range. The actor’s estimated net worth is $160M. It’s also comparable to the sale of the Carolina Panthers. Owner David Tepper purchased the team for $2.275B in July 2018.
Baker admitted “the numbers are squishy” because college programs report their football revenues differently than those of other sports. Still, it’s apparent the Longhorns are flush with cash. This is a program that rolls out Lamborghinis (which can start at $290K, via Car and Driver) at its recruiting events.