Photo Attribution: US PresswireThe Wall Street Journal published a report on Monday valuing Oklahoma State’s football program (not athletic department, but football program) at $209 million.$209 million!For Oklahoma State football!That’s a higher value than USC ($197 million), Florida State ($159 million), and Stanford ($148 million).Here’s the full list… Here are the factors that went into the valuation:Revenues and expensesCash-flow adjustmentsRisk assessmentsGrowth projectionsAccording to the article:The resulting figures represent what the teams might fetch if they could be bought and sold like pro franchises. As a point of reference, the NFL’s Jacksonville Jaguars sold in late 2011 for about $760 million.I know a lot of you guys (and girls) are in corporate jobs so I thought you might find this interesting.Frankly, I’m shocked OSU is valued higher than Southern Cal and lower than Texas Tech. I don’t know which factor we could have scored higher than SC in other than potentially growth projection[1. For “growth projection” I imagine whoever made this list just screenshotted a picture of Boone’s face next to the cell under Oklahoma State.].Oklahoma State was valued at $207 million this time last year (25th in the country). This is interesting to me because, even though I don’t have football-specific numbers, OSU’s overall revenue generated has dropped over the last few years after peaking at $106 million (!) in 2010.The funniest part about all of this[2. Unless you play college sports and have no money.] is that we continue to operate these things under the guise of “amateurism.”If you’re looking for the comments section, it has moved to our forum, The Chamber. You can go there to comment and holler about these articles, specifically in these threads. You can register for a free account right here and will need one to comment.If you’re wondering why we decided to do this, we wrote about that here. Thank you and cheers!