logo
How much is Virginia Tech football worth?

How much is Virginia Tech football worth?

Yahoo5 days ago
The Los Angeles Lakers were just sold for $10 billion, setting a new record for the largest sale of a professional sports franchise in North American history. This came after one of the Lakers' primary rivals, the Boston Celtics, sold for $6.1 billion. Two years ago, the NFL's Washington Commanders were sold for $6.05 billion.
College teams can't be sold — at least not yet. In all seriousness, we don't think that will ever happen, but enough craziness has happened that you can never say never. But what if a college football team could be sold? What would they be worth? Which 'franchise' would be the most valuable?
Matt Baker of The Athletic recently explored the valuations of every Power Four team.
The most valuable? No surprise, it's the Texas Longhorns. Baker has Texas' projected price at $2.38 billion, with a three-year average football revenue of $183 million.
So where are the Virginia Tech Hokies?
VT came in at No. 31 on the list, with a valuation of $455 million, and a three-year average football revenue of $65 million. That's good for No. 5 in the ACC.
Florida State
Clemson
Miami
North Carolina
Virginia Tech
North Carolina State
Louisville
Georgia Tech
Syracuse
Duke
Wait, but I thought the Hokies were poor? Remember, this is football-only revenue. Sure, maybe the Hokies aren't worth what Texas or Alabama are, but 31st in the country is not bad. There are enough resources to be competitive.
What did you think of these numbers? Did you think the Hokies would be higher or lower? Let us know.
More from gobblercountry.com:
Brace Yourselves: Clemson Is Coming...
2017 ACC Rankings Week Four
ESPN's College GameDay Set to Visit Blacksburg
Virginia Tech gains its first 2019 Commitment in Jahad Carter
Virginia Tech football: Sophomore Divine Deablo out for season with foot injury
Virginia Tech football: The opening Clemson spread is out, and you might be surprised.
Virginia Tech football: Hokies blank Old Dominion 38-0
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Why Tesla's valuation is hard to read as Musk's EV empire falters
Why Tesla's valuation is hard to read as Musk's EV empire falters

Yahoo

timea minute ago

  • Yahoo

Why Tesla's valuation is hard to read as Musk's EV empire falters

Prickly billionaire Elon Musk is at a crossroads with Tesla (TSLA) — and investors are shouldering the outsized risk. "I think we are in the transition phase, so it's a very critical phase for Tesla at the moment," Gradient Investments' Lisa Schreiber said on Yahoo Finance's Opening Bid (watch above). On July 23, Tesla reported much weaker second quarter earnings compared to a year ago. During the earnings call, Musk cautioned about headwinds and shared that ride-hailing and autonomous features will be a key focus for the company going forward. Shares fell directly after the earnings announcement and closed down 8.2% on Thursday. Tesla remains an innovator, with robots and AI in its portfolio. Its EV business, however, is sharply declining as competition rises and backlash grows against Musk's politics. The expiration of a $7,500 federal credit for EVs won't help matters, either. "When we look at valuation, investors do not know exactly how to value [Tesla]. Is it an EV maker? Is it more than that? The thing is, it's not just an EV play anymore," Schrieber said. "But it's also not a robotaxi [and] robot company already. So we have struggles here." To Schrieber's point, Tesla's stock trades more like a hot tech player trying to take on juggernauts like Nvidia (NVDA). Shares trade at 161 times the estimated forward price to earnings. (Nvidia, with much stronger growth, trades around 55 times.) Ford (F), a pure-play automaker, trades at 9.6 times. Meanwhile, some perceive Tesla as a company that isn't sure what it wants to be when it grows up. The innovation around autonomous driving is noteworthy, but the waiting can make even the most patient investor antsy. "Especially with Tesla, we have to be a little bit careful," Schreiber said, noting that Musk has a history of huge promises but delayed launches. The robotaxi, for instance, launched this past June in Austin, Texas. William Blair analysts Jed Dorsheimer and Mark Shooter, who rate Tesla's stock at Market Perform, noted that rival company Google's (GOOG) Waymo robotaxi "represents a six-year head start." "We think the training wheels will get taken off quickly and the pace at which robotaxi scales will surprise the upside," the pair wrote. "Although maybe not to half of Americans by the end of the year." During Tesla's earnings call, Musk also discussed humanoid robots, AI, and their integration into the vehicle fleet, calling the company's cars "essentially a four-wheeled robot." "Optimus is a robot with arms and legs," he said. "So the same principles that apply to optimizing AI inference of the car applied to Optimus because they're both really robots in different forms." If Musk and Co. can deliver, investors like Schreiber will likely be among the first in line to celebrate, but for the time being, they are content to watch and wait. "I think we have to be a little bit careful here," she said. "For us to be able to be a buyer here, we would need to see some foot on the ground and we would need to see some realization first."Grace Williams is a writer for Yahoo Finance. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

From hoops to Hall of Fame: Antonio Gates' unique NFL journey to Canton
From hoops to Hall of Fame: Antonio Gates' unique NFL journey to Canton

Yahoo

timea minute ago

  • Yahoo

From hoops to Hall of Fame: Antonio Gates' unique NFL journey to Canton

Antonio Gates thought his path to a Hall of Fame career would have been in basketball. Instead, he became one of the best tight ends in NFL history. Gates will be enshrined in the Pro Football Hall of Fame on Saturday, getting elected to Canton without playing college football. He played his entire 16-year career for the Bolts and finished with 116 receiving touchdowns, the most by a tight end in NFL history. 'My journey was probably the most unique journey in all of football because I came in as a former basketball player, not knowing what to expect,' Gates said. 'Some of those guys who are in the Pro Football Hall of Fame, they wanted to be Pro Football Hall of Famers when they were 14 years old. I wanted to play in the NBA. That was my dream. Like I said, I still haven't wrapped my head around it all.' Gates played both football and basketball during high school at Detroit Central. Nick Saban recruited Gates to play football at Michigan State, but he didn't play as a freshman. Gates also wanted to play basketball, but Saban disagreed. Gates transferred to Eastern Michigan, then to two junior colleges, and eventually to Kent State. It was at Kent State that Gates reached national prominence. He led the Golden Flashes to the Elite Eight in the 2002 NCAA Tournament as a junior and an Associated Press All-America honorable mention selection as a senior after averaging 20.6 points, 7.7 rebounds and 4.1 assists per game. Even though Gates was convinced he would get drafted in the NBA, at 6-foot-4, scouts saw him as an undersized post player. However, Tim Brewster, who was the Chargers' tight ends coach in 2003, saw in Gates the size and speed that he thought would make him a great tight end. Brewster saw Gates during a private workout and immediately began making his pitch to Marty Schottenheimer and the Chargers' front office to sign him as a free agent. 'A lot of people like to take credit, but Tim is the number one reason why I am in the Hall of Fame,' Gates said. 'He found me, believed what I could become, and was around me constantly. He really got me into a position where I look up, and I was All-Pro my second year in the field.' After having 24 receptions for 389 yards and two touchdowns as a rookie, Gates had a career-high 13 touchdowns in 2004 en route to the first of three straight Associated Press All-Pro honors and eight consecutive trips to the Pro Bowl. He also had 81 catches for 964 yards. Even though he was catching a lot of passes, Gates' route-running didn't always get high marks from coaches. 'What I was doing as a rookie and in my second year was considered nontraditional. I would play well, but grade out bad because I creating a lane. And unfortunately, when you're creating something that's never been done or seen, it gets scrutinized. I would use my instinct to make the play.' Many of the things that Gates did with shape routes, pivot routes over the ball and tight ends releasing at the line of scrimmage are commonplace today with Kansas City's Travis Kelce and San Francisco's George Kittle. Gates utilized his basketball skills on the football field, as catching the ball at its highest point is similar to rebounding in the paint, as well as boxing out on the hardwood and trying to get open against a defensive back. Gates might have been outsized as a power forward, but he had an advantage going up against defensive backs who often were smaller than he was. Gates' career flourished under Norv Turner, the Chargers coach from 2007 through '12. Turner lined Gates up in different spots and also used more two tight end sets. Gates' route-running also improved under Turner and with Philip Rivers as the quarterback. 'He had to win on his route-running and his ability to separate and his understanding of coverages and all those things. Philip is as good a passer as there's been in a long time, but Philip wasn't going to move around and make a lot of plays off schedule,' Turner said. Gates finished with 955 receptions for 11,841 yards. He had 21 multi-touchdown games, the most among tight ends. Of his 116 touchdowns, 39 came on third down, which is tied for third all time. He had eight seasons with at least eight touchdowns and was a member of the NFL's All-Decade Team of the 2000s. Gates said the biggest thing he is looking forward to is being able to thank the people who helped him get to Canton. 'I've always been in a space where from a popularity standpoint, people know my name. It's my chance to thank everyone else,' he said. 'Although you are the face and the focus point, it's truly not about you. You're letting everybody understand what it took to get to this point and who were influential.' ___ AP NFL:

Former Patrick Mahomes teammate makes admission on Tom Brady
Former Patrick Mahomes teammate makes admission on Tom Brady

Yahoo

timea minute ago

  • Yahoo

Former Patrick Mahomes teammate makes admission on Tom Brady

Former Kansas City Chiefs safety Tyrann Mathieu gave an honest response when asked if he believed quarterback Patrick Mahomes was the greatest of all time. While he does think the three-time Super Bowl champion is closing in on that title, he isn't ready to put him ahead of former New England Patriots quarterback Tom Brady. "I would say he's a great quarterback, but greatest of all time, I think that's still reserved for Brady," Mathieu said on Up & Adams. "And I think with Brady, that's just longevity. That's respect. That's just playing against this guy on the biggest stages. He was one of the most competitive, accurate. He just had a single mindset to win—win by any means necessary. He was always a challenge to go up against. Being the greatest of all time, I don't think it's like an eight, nine, 10-year thing." Brady, the seven-time Super Bowl-winning quarterback, has beaten Mahomes twice in the postseason—once in the 2018 AFC Championship Game and once more at Super Bowl LV. He also won a Super Bowl with two different football teams after leaving the Patriots for the Tampa Bay Buccaneers in 2020. Mahomes is still only 29 years old and not completely out of the race. Mathieu acknowledged his former teammate might one day go down as the greatest of all time if he stays on his current trajectory. But that's a big hill to climb in a league where teams improve every year. Follow Patriots Wire on Twitter and Facebook. This article originally appeared on Patriots Wire: Former Patrick Mahomes teammate makes admission on Tom Brady

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store