Spartans' Value Much Higher Than AP Ranking

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Spartans' Value Much Higher Than AP Ranking
Gregory Shamus/Getty Images

Michigan State football may have finished fourth in the Big Ten Legends division this season and dropped out of the Associated Press Top 25 following a one-point loss to Ohio State in week five, but in terms of the program's value, they rank among the top in the country. Forbes values Michigan State's football program at $64 million for the 2011-12 fiscal year. That's an increase of eight percent over the previous year and makes Spartan football the 19th most valuable program in the country. They're not the only program who's value is higher than their ranking though, Texas (8-4, 5-4 Big 12) is No. 1...

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