College Football

Despite total revenues surpassing $11.5B in 2024, college football’s high operating costs—$14.5B in the same year—mean only a handful of top programs turn large profits, while most run at a loss.

On November 6, 1869, Rutgers defeated Princeton 6–4 in what is considered the first college football game. Played under soccer-like rules, it marked the birth of a sport that would evolve into American football.

Known as the “Father of American Football,” Walter Camp introduced key innovations in the 1880s—such as the line of scrimmage, the system of downs, and the snap—that distinguished football from rugby and defined its modern structure.

In 1905, President Theodore Roosevelt pressured college leaders to reform football amid public outrage over 18 player deaths. His push led to rule changes—like the forward pass—that reduced violence and ensured the sport’s survival.

Established in 1896 with seven members, the Big Ten has expanded far beyond its Midwestern roots. As of 2024, it includes 18 schools—stretching coast to coast from Rutgers in New Jersey to UCLA in California.

Formed in 1933 after splitting from the Southern Conference, the Southeastern Conference began with 13 schools. It has since grown to 16 members, defining college football with numerous national championships and rabid regional rivalries.

The Indiana Hoosiers at one point in history had the most losses of any college football team going back to the 19th century. In January 2026, the team flipped the script by winning the college football championship over Miami and erasing its losing past for good. Read the history here.

Known simply as "The Game," Ohio State and Michigan first played in 1897. The fiercest rivalry in sports has its roots in a 19th-century border dispute—the 1835–36 Toledo War—which stoked state pride long before football intensified the feud.

First played in Birmingham in 1893, the Iron Bowl has become one of college football’s most heated rivalries, with bragging rights, SEC championships, and national title implications fueling decades of fierce competition.

Known as the Red River Showdown, the Texas–Oklahoma game is a centerpiece of the State Fair in Dallas. The neutral-site clash has produced iconic moments and often shapes Big 12 and national championship races.