How Much is the Providence College Basketball Team Worth?

How Much is the Providence College Basketball Team Worth?

The Wall Street Journal Monday published the annual report of the monetary value of college basketball teams. The report is conducted by Ryan Brewer, an associate professor of finance at Indiana University-Purdue University Columbus.

“Kentucky leads the country with a valuation of $334.2 million, according to an annual study by Ryan Brewer, an associate professor of finance at Indiana University-Purdue University Columbus. This is Kentucky’s third straight year atop the rankings, while its value shot up 35.5% over a year ago,” writes the Wall Street Journal. 

The Friars come in at the 56th most valuable team. PC’s value is $46 million — up an impressive 40 percent over 2018.

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The annual study assesses what every college team would be worth if it could be bought and sold on the open market like a professional franchise.

The analysis evaluates each program’s revenues and expenses with cash-flow adjustments, risk assessments, and growth projections.

“Overall, values across the sport were up 9.3%—a major bounce back after they were down 7.4% a year ago when various issues such as the federal probe that exposed alleged corruption, bribery and kickbacks in the sport threatened its popularity,” wrote the WSJ.

The study tracked 177 programs -- URI, Bryant and Brown were not tracked.