Forbes magazine says Texas has a team value of $119 million, easily topping Notre Dame, last year's leader, by $11 million.
The magazine based its rankings on "dividend money," or what's left for academics (including football scholarships) and non-revenue sports after the cost of running the football program. Bowl game revenue also is factored in.
According to Forbes , Texas had a $59 million profit. Notre Dame's team value was $108 million, with a $38 million profit.
Rounding out the first 10 in Forbes ' Top 20 list are Penn State, Nebraska, Alabama, Florida, LSU, Ohio State, Georgia and Oklahoma.
Michigan had the biggest drop from last year to No. 11 from No. 4. Nebraska made the biggest improvement to No. 4 from No. 18.
PRINCETON: Cincinnati Bengals assistant Bob Surace has been hired as football coach of his alma mater.
The center on the Tigers' 1989 Ivy League championship team, Surace was formally introduced Wednesday. He replaces Roger Hughes , who was fired in November after 10 seasons at the New Jersey school.
Surace has been an assistant coach with Cincinnati for nine seasons, the past six as assistant offensive line coach. Before joining the NFL team, he was head coach at Division III Western Connecticut State University for two years and an assistant at other schools. He was an assistant under Forrest Gregg in the Canadian Football League in 1994.
Surace is the first Princeton alumnus to serve as coach since Bob Casciola from 1973-77.
UNLV: Incoming coach Bobby Hauck says he's excited about generating enthusiasm for football and building a winning program, but he doesn't know how long it will take for his team to reach his goals.
Hauck said Wednesday as he was introduced by the university that enthusiasm for his team will come if it's worth watching.
The Board of Regents was set to approve Hauck's contract in an afternoon meeting.
UNLV President Neal Smatresk says the three-year contract will pay Hauck $350,000 annually, with some pay deferred and incentives for winning, bowl games and helping student-athletes graduate.
Smatresk says UNLV faces tough opponents in the Mountain West Conference, but the Rebels can reach the top third of the league.
MIAMI: Football practices are closed to the public. Unless, of course, the public is Bill Parcells and Alex Rodriguez .
The 14th-ranked Hurricanes had some star power at their final two workouts at their home facility this season. Rodriguez -- the third baseman for the World Series champion New York Yankees, and whose name adorns the adjacent baseball stadium on Miami's campus -- watched practice Tuesday. He works out at the school regularly during his off-season.
Parcells, the Miami Dolphins' executive vice president of football operations, was there for Wednesday's workout, joined by Dolphins general manager Jeff Ireland.
Miami center A.J. Trump says "the past couple days have been awesome."
Miami (9-3) faces No. 24 Wisconsin (9-3) on Tuesday in the Champs Sports Bowl at Orlando, Fla.
CHICK-FIL-A BOWL: Has its 13th consecutive sellout.
Bowl officials say all tickets have been sold for the Dec. 31 game between No. 11 Virginia Tech and Tennessee at the Georgia Dome. The bowl's streak of 13 consecutive sellouts is the third-longest among all postseason games, trailing only the Rose Bowl and Fiesta Bowl.
Virginia Tech and Tennessee purchased their full ticket allotments.
The Chick-fil-A Bowl says it averages more than 35,000 ticket sales from the Atlanta area.
LIBERTY BOWL: All 62,000 seats have been sold for the Jan. 2 game between East Carolina and Arkansas, bowl officials announced the sellout Wednesday.
The 51st annual game is the bowl's second sellout in three seasons. The Mississippi State-Central Florida game in 2007 also sold all the tickets.