The Dallas Cowboys are the most valuable NFL team for the 12th consecutive year, as per Forbes Magazine’s latest rankings.
Despite not featuring in the Super Bowl for 23 years, the Cowboys are the most valuable NFL team with a valuation of $5 billion. Last year, the club earned $864 million in revenue to boost their valuation by 4%.
The New England Patriots come in second with a valuation of $3.8 billion. The New York Giants, the LA Rams, and the Redskins complete the top 5 list. The Eagles, which won the Super Bowl earlier in the year, are ranked tenth with a valuation of $2.75 billion.
The NFL continues to be the most valuable sports league in the world, edging out Major League Baseball, basketball, and the English premier league. However, the football league gained value by only 2%, the lowest it has since 2010. The average NFL team is valued at $2.57 billion and is not projected to increase by much.
According to the magazine, the value of football clubs is so high that few people are willing to bid for higher prices. Cowboys’ owner, Jerry Jones, purchased the franchise in 1989 for $63 million.
