Xavier Musketeers ranked 18th most valuable college basketball program in US by Forbes

Louisville, Kentucky, Ohio State made the top five

CINCINNATI - Xavier University has the 18th most valuable college basketball program in the nation, according to Forbes magazine.

The Musketeers program, which officially joined the Big East Conference Wednesday, generated a $7.3 million basketball profit in the 2011-2012 season.

Forbes valued the program at $13.7 million, up 6 percent from last year.

The University of Cincinnati did not make the top 20, but the University of Kentucky ranked fourth with an estimated program value of $32.1 million.

Ohio State University ranked fifth at $23.1 million.

The top-ranked program was the University of Louisville, worth $38.5 million, according to Forbes.

To read the full study, go to http://goo.gl/6pw4r .

 

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