The Collegiate Licensing Company the licensing affiliate of IMG College released its annual list of top-selling institutions and manufacturers on Tuesday and there was no change at the top.

The University of Alabama was second behind Texas, which topped the list for for the ninth straight year.

Four other Southeastern Conference teams (Georgia, Florida, LSU and Texas A&M) cracked the top 10, but reigning national champion Florida State was the big mover, from No. 21 to eighth.

The rankings represent royalties reported July 1, 2013 through June 30, 2014 on all collegiate merchandise sold on behalf of company-represented institutions, for an estimated $4.59 billion.

CLC was founded in 1981 by current Crimson Tide athletic director Bill Battle.

The top 25:

1. Texas
2. Alabama
3. Michigan
4. Notre Dame
5. Georgia
6. Florida
7. LSU
8. Florida State
9. Texas A&M
10. North Carolina
11. Auburn
12. Oklahoma
13. Nebraska
14. Arkansas
15. Wisconsin
16. Tennessee
17. South Carolina
18. Penn State
19. Missouri
20. West Virginia
21. Kansas
22. Clemson
23. Oklahoma State
24. Louisville
25. Texas Tech