Forbes recently released their list of the most valuable college football programs. Here’s a breakdown of the top 20 including being grouped by conference:

Ranking-School-Value-Conference

#1) Texas: $129 million (Big 12)

#2) Notre Dame: $112 million (Independent)

#3) Penn State: $100 million (Big Ten)

#4) LSU: $96 million (SEC)

#5) Michigan: $94 million (Big Ten)

#6) Alabama: $93 million (SEC)

#7) Georgia: $90 million (SEC)

#8) Arkansas: $89 million (SEC)

#9) Auburn: $88 million (SEC)

#10) Oklahoma: $87 million (Big 12)

#11) Florida: $86 million (SEC)

#12) Tennessee: $82 million (SEC)

#13) Ohio State: $78 million (Big Ten)

#14) Nebraska: $77 million (Big Ten)

#15) Wisconsin: $67 million (Big Ten)

#16) South Carolina: $64 million (SEC)

#17) Texas A&M: $63 million (SEC)

#18) USC: $62 million (Pac-12)

#19) Michigan State: $59 million (Big Ten)

#20) Iowa: $48 million (Big Ten)

By Conference:

Big 12:

#1) Texas: $129 million (Big 12)

#10) Oklahoma: $87 million (Big 12)

Big Ten:

#3) Penn State: $100 million (Big Ten)

#5) Michigan: $94 million (Big Ten)

#13) Ohio State: $78 million (Big Ten)

#14) Nebraska: $77 million (Big Ten)

#15) Wisconsin: $67 million (Big Ten)

#19) Michigan State: $59 million (Big Ten)

#20) Iowa: $48 million (Big Ten)

Independent:

#2) Notre Dame: $112 million (Independent)

Pac-12:

#18) USC: $62 million (Pac-12)

SEC:

#4) LSU: $96 million (SEC)

#6) Alabama: $93 million (SEC)

#7) Georgia: $90 million (SEC)

#8) Arkansas: $89 million (SEC)

#9) Auburn: $88 million (SEC)

#11) Florida: $86 million (SEC)

#12) Tennessee: $82 million (SEC)

#16) South Carolina: $64 million (SEC)

#17) Texas A&M: $63 million (SEC)