It starts out at #20 (Florida State). Click the slides to find out the rest of the rankings.
http://247sports.com/Gallery/Most-valuable-college-football-teams-107759432/GallerySlides/694871
http://247sports.com/Gallery/Most-valuable-college-football-teams-107759432/GallerySlides/694871
Quote:
There is a lot of money in college football, but just how much money are the top teams in the country worth? Indiana University-Purdue University Columbus finance professor Ryan Brewer has revealed his annual study, which puts a numerical value on the amount college football programs could garner if they were sold on the open market. Some teams were valued at over a billion dollars. Flip through the slideshow to see the most valuable teams.