Dallas ($9B) Cowboys Are Champs Again: NFL’s Most Valuable Franchise
Wednesday, August 30, 2023 at 08:18PM By Barry Janoff
August 30, 2023: For the 17th consecutive year, the Dallas Cowboys remain the most valuable NFL team, now at $9 billion, and are the most valuable sports franchise in the world.
It’s not the Super Bowl, but team owner Jerry Jones will gladly take the title.
The Cowboys are valued at $2 billion more than the No. 2 New England Patriots, and some $4 billion more than the average NFL team at $5.1 billion— a new high, according to Forbes.
The average value of the 32 NFL teams rose 14% from last year due to increased TV money and the $6.05 billion sale of the Washington Commanders, according to Forbes, earlier this year to a group headed by Josh Harris — co-owner of the NBA's Philadelphia 76ers and NHL's New Jersey Devils — and including Basketball Hall Of Famer Earvin “Magic” Johnson.
The league with the next highest average value: the NBA (30 teams) at $2.86 billion.
Daniel Snyder led the group that purchased the Washington team for $800 million in 1999.
The purchase price is a new record for an NFL franchise, topping the $4.65 billion purchase of the Denver Broncos in 2022 by the Walton-Penner group.
The deal also included the Commanders’ home venue, FedEx Field in Landover, Md, as well as the team's practice facility in Ashburn, Va.
Only the NFL itself outdid the Cowboys: NFL revenue was nearly $12 billion in 2022.
1. Dallas Cowboys $9B
2. New England Patriots $7B
3. Los Angeles Rams $6.9B
4. New York Giants S $6.8B
5. Chicago Bears $6.3B
6. Las Vegas Raiders $6.2B
7. New York Jets $6.1B
8. Washington Commanders $6.05B
9. San Francisco 49ers $6B
10. Philadelphia Eagles $5.8B
11. Miami Dolphins $5.7B
12. Houston Texans $5.5B
13. Denver Bronos $5.1B
14. Seattle Seahawks $5B
15. Atlanta Falcons $4.7B
16. Minnesota Vikings $4.65B
17. Baltimore Ravens $4.63B
18. Pittsburgh Steelers $4.63B
19. Cleveland Browns $4.62B
20. Green Bay Packers $4.6B
21. Tennessee Titans $4.4B
22. Indianapolis Colts $4.36B
23. Kansas City Chiefs $4.3B
24. Tampa Bay Buccaneers $4.2B
25. Los Angeles Chargers $4.15B
26. Carolina Panthers $4.1B
27. New Orleans Saints $4.08B
28. Jacksonville Jaguars $4B
29. Arizona Cardinals $3.8B
30. Buffalo Bills $3.7B
31. Detroit Lions $3.6B
32. Cincinnati Bengals $3.5B
Source: Forbes
AVERAGE TEAM VALUES
1. NFL (32 teams): $5.11B
2. NBA (30 teams): $2.86B
3. MLB (30 teams): $2.32B
4. Soccer (top 30 teams): $2.17B
5. Formula 1 (10 teams): $1.88B
6. Indian Premier League (10 teams): $1.04
7. NHL (32 teams): $1.03B
8. MLS (28 teams) $579M
Source: Forbes
NFL Commanders Confirm $6.05B Sale
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