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Forbes: Texas most valuable college football team

The magazine values the Longhorns at $139 million, ahead of Notre Dame, which is worth $117 million.

FORBES MAGAZINE rates Texas as the most valuable college football team in the country for the fifth straight year.

The magazine values the Longhorns at $139 million, almost 20 percent more than Notre Dame at No. 2. The Irish are valued at $117 million. Alabama rose from sixth to third at $110 million, followed by SEC West rival LSU.

Forbes revealed the figures on the same day Texas announced it had formed an eight-member advisory committee to find a replacement for Mack Brown who resigned Sunday after 16 seasons as the Longhorns' head coach.

Noteworthy

* Bowling Green hired Eastern Illinois' Dino Babers as its coach. Babers led EIU to a 12-2 record and the FCS Series quarterfinals this season. He replaces Dave Clawson, who guided Bowling Green to a Mid-American Conference championship before leaving for Wake Forest earlier this month.

* D.J. Pettway signed his letter of intent to return to Alabama less than a year after being dismissed from the program for his involvement in an alleged on-campus altercation. The 6-2, 285-pound defensive linemen was a junior college All-America at Eastern Mississippi Community College.

* Illinois awarded offensive coordinator Bill Cubit a raise and contract extension through the 2015 season. Cubit, who played for Sharon Hill High and Delaware, helped the Illini (4-8) improve from 119th nationally in both yards and points to 52nd in yards and 61st in points.

* Southeast Missouri State hired Toledo defensive coordinator Tom Matukewicz as its head coach. He replaces Tony Samuel, who had 2 years left on a 5-year contract when he was let go after coaching the Redhawks to a 31-60 record in eight seasons.