Tag: Forbes

Where do Jets rank among Forbes’ most valuable NFL teams?

See where the Jets rank among Forbes’ most valuable NFL teams.

Last year was unlike any other the NFL had experienced due to the COVID-19 pandemic, but that did not prevent the league from raking in a boatload of cash.

Despite the pandemic, the value of each NFL franchise went up by an average of 14 percent, according to Forbes, the biggest gain in five years. In March, the NFL signed $111.8 billion in media rights deals, with those deals representing an 82 percent average annual increase over the current deals.

With the value of each team skyrocketing, Forbes recently took a dive into the NFL’s most valuable organizations. The Jets have not done too much winning in recent years, but they remain one of football’s most valuable teams due in large part to the massive New York media market.

Continue reading to see Forbes’ top 10 most valuable NFL teams and where the Jets stand in the rankings.

Dolphins ranked as NFL’s 15th most valuable franchise by Forbes

Dolphins ranked as NFL’s 15th most valuable franchise by Forbes

The Miami Dolphins haven’t been able to say they can rub elbows with the most valued organizations in the NFL over the past few years in terms of value. One of the annual exercises of the summer during the dog days of summer is Forbes dropping their list of the most valuable NFL franchises and this year’s list further reinforces the fact that Miami still has some ground to make up in order to be considered one of the crown jewels of the league.

The Dolphins check in at No. 15 on this year’s Forbes list with a valuation of $3.42 billion. With a b!

The Dallas Cowboys unsurprisingly claim the top spot on the list ($6.5 billion), easily pacing the field. Only one other franchise, the New England Patriots, surpasses $5 billion.

But regardless of the mid-level valuation for the Dolphins, there’s still plenty of reasons for optimism about the future of the “business”. Most notably, Miami’s one-year growth of 18% is the fourth-highest of all 32 franchises; only giving ground to the Super Bowl champion Buccaneers (29%…Tom Brady and a Lombardi Trophy will do that for you), the Los Angeles Rams (20%) and the Washington Football Team (20%).

The Dolphins were also one of just 12 NFL franchises to close the 2020 year with a net positive operating income, as well.

Unlike the top of the charts, the Dolphins are in a fairly crowded field of teams and if they’re able to replicate their 18% enterprise growth once again and all other teams ahead of them were to replicate their own respective 2020 growths, Miami would be able to push themselves to the 12th overall spot, passing a handful of teams including the Seattle Seahawks and Green Bay Packers. Miami was 18th on Forbes’ 2020 edition of the list, too; so the Dolphins are an investment that is trending in the right direction for owner Stephen Ross.

Presuming the winning on the field continues, one would think that the growth of the Dolphins organization will continue to accelerate. And that’s an exciting proposition for all.

Cowboys franchise value reaches $6.5 billion. Yes, with a B. Here’s how.

For the 15th straight year, the Dallas Cowboys are the NFL’s most valuable franchise. To put it lightly, they’ve enjoyed one heck of a hot girl summer. | From @CDBurnett7

Cowboys team owner Jerry Jones has been the mastermind in regards to the value of the Dallas organization. From the Super Bowl wins in the 90s to the construction of AT&T Stadium in 2009, it’s been a complete success, financially. Every year, Forbes releases their rankings in value for all NFL franchises and to no surprise, Dallas is on top yet again.

For the 15th year in a row. Even more amazing, when Forbes released their list of most valuable sports franchises in May, just three months ago, the value of the organization sat at a measly $5.7 million.

After a year in a pandemic where the salary cap dropped due to the financial losses, the Cowboys were one of two teams to have operating revenue of over $100 million and Dallas was the only one to make over $200 million in operating revenue. Since AT&T Stadium welcomed fans during the pandemic, the potential loss was limited in Dallas. The Cowboys averaged 29,187 fans at home games in 2020, under a third of their average in 2019. Over the last year, the Cowboys moved to $6.5 billion in value, $1.5 billion higher than any other NFL franchise.

The NFL franchise average gain over the last year was 14% and the trends are soon to continue up. With professional leagues now interwoven into the gambling world and the new media rights deal being worth $111.8 billion, team values will be rocketing up in the coming years. Jones and Dallas could be taking these deals and looking towards an even bigger number in 2021 if $6.5 billion wasn’t enough.

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Show me the money: Forbes releases NFL most valuable team list

Forbes released its annual NFL most valuable teams list. Where does your team rank?

Forbes released their annual NFL most valuable teams list for 2021.

That the Dallas Cowboys were once again the most valuable NFL franchise wasn’t a surprise, making it the 15th straight year.

The pie is expected to keep growing for the league as they signed a $111.8 billion in media rights. Television is still king for the NFL with their deals with ESPN, DirecTV (NFL Sunday Ticket). However, Amazon is starting to get a piece of the action as Amazon Prime will be the exclusive home for Thursday Night Football starting in 2022.

Here is a look at the most valuable teams in the NFL.

Panthers’ billionaire owner David Tepper: ‘I’m not building the stadium alone’

According to the Charlotte Observer, Tepper said he’s not going to build it alone and the “community” has to want to.

Panthers owner David Tepper has a net worth of around $14.5 billion, according to the latest estimate by Forbes. That won’t stop him from asking for hundreds of millions in public funding when it comes time to build a new stadium for his franchise.

Tepper made that much clear today when speaking with reporters at an event announcing a $700,000 donation for a special needs park in Rock Hill. According to the Charlotte Observer, Tepper said he’s not going to build it alone and the “community” has to want to.

“Community” of course means “taxpayers,” who will no doubt fork over whatever it is Mr. Tepper asks for without much of a fight from their elected officials.

Just because Tepper will get what he wants doesn’t make his entitlement here any less outrageous.

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Jags remain a top-50 most valuable franchise

The team’s value has increased tremendously since it was bought by Shad Khan in 2011, and its up 66% in value over the last five years.

Jacksonville is one of the smallest markets in the NFL (and in North American sports, in general). But that hasn’t stopped the Jaguars from overperforming in the value department in recent years relative to their market size. According to this year’s rundown from Forbes of the most valuable franchises in professional sports, the Jaguars came in at a tie for 47th with the New York Mets.

47 (tie). Jacksonville Jaguars (NFL)

• Value: $2.45 billion

• Five-Year Change In Value: 66%

• Owner: Shahid Khan

• Year Purchased: 2011

• Price Paid: $770 million

Last season, the Jags were the 44th most-valuable franchise in professional sports. The also were the 23rd most-valuable NFL franchise, but fell to 25th this season.

It’s fairly impressive to see Jacksonville in lockstep with a massive market team like the Mets, and it’s even more impressive how much more valuable the team is now than when it was purchased by Khan in 2011. Between Khan’s investment in the team locally and overseas in the United Kingdom, it’s a much bigger brand now than it was under the Weaver family.

With the addition of a superstar in the making in quarterback Trevor Lawrence, it seems the ever-rising value of the Jaguars will only continue to increase in the coming years.

Chiefs ascend Forbes’ ratings of most valuable sports franchises

The Kansas City Chiefs moved up two spots since last year’s list from Forbes.

If you’re wondering what back-to-back Super Bowl appearance did for the value of the Kansas City Chiefs franchise, we now have a pretty good idea.

Forbes has again published its annual list of the 50 most valuable sports franchises and the Chiefs remain among the 50 most valuable sports franchises in the world. In one of the weirdest years in sports where financials were expected to take a big hit due to the COVID-19 pandemic, Kansas City continues to be on the slow-and-steady rise.

In 2018, the team had seen a 12% increase in value and was ranked at No. 43. In 2019, the list saw the Chiefs worth $2.1 billion and ranked No. 47 with no increase in value. In 2020, Clark Hunt’s team saw a 7.7% increase in value to $2.3 billion, placing them at No. 45 on the list. This year the team saw its value increase by $200 million dollars (8.7%), bringing the total valuation to $2.5 billion, which was good enough to push the team to No. 43 on Forbes’ list. Over the past five years, Forbes estimates a 63% change in value.

When you consider that this franchise only cost Lamar Hunt $25K back in 1960, I’d say it has been a pretty great return on investment for the Hunt family. I can’t help but wonder if this team won’t outgrow their small market in Kansas City one day. If the team played elsewhere would they be worth more than some of their top competitors?

If you look around the AFC West, the Chiefs are last in valuation coming in behind the Chargers by $100 million. The Raiders and Broncos are both over $500 million more valuable despite a general lack of on-field success over the past five seasons. I doubt the Hunt family would ever consider leaving Kansas City, but it’ll be interesting to see what their growth continues to look like as they employ one of the most exciting players in the league in Patrick Mahomes and a great team around him.

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Forbes lists Dolphins as 35th most valuable sports franchise

Forbes lists Dolphins as 35th most valuable sports franchise

The past decade has provided quite the return on investment for Miami Dolphins owner Stephen Ross. Ross, who bought the team in 2008, originally paid $1.1 billion to call the Miami Dolphins his. And today, according to Forbes, the Miami Dolphins have nearly tripled in value — they’re listed at a $2.9 billion evaluation for the 2021 year. Miami’s growth over the last five years is listed at 57%, fairly par for the course among other NFL franchises to reside in Forbes’ annual list of the most expensive franchises on the face of the planet.

The Dolphins are joined by a slew of other NFL franchises on the current list:

No. 1: Dallas Cowboys
No. 8: New England Patriots
No. 9: New York Giants
No. 13: Los Angeles Rams
No. 15: San Francisco 49ers
No. 17: New York Jets
No. 18: Chicago Bears
No. 19: Washington Football Team
No. 21: Philadelphia Eagles
No. 23: Houston Texans
No. 25: Denver Broncos
No. 29: Las Vegas Raiders
No. 30: Seattle Seahawks
No. 31: Green Bay Packers
No. 32: Pittsburgh Steelers
No. 33: Baltimore Ravens
No. 34: Minnesota Vikings
No. 35: Miami Dolphins

For as impressive as Miami’s growth and valuation is, the team is still sitting in the bottom half of valuations across the entire league — but there figures to be plenty of ground to gain if the Dolphins’ organization is able to climb into relevance once again on the league stage. Such improvement would provide more primetime exposure, more fanfare of the team’s young stars and a greater opportunity to recapture the passion of the South Florida market.

Success isn’t a guarantee of value, however — as Patrick Mahomes’ Kansas City Chiefs still sit below Miami. But it certainly can’t help and Miami’s home market has the support to fuel a rapid rise.

Only if the product on the field continues a rise of their own, however.