Dallas Cowboys 1st U.S. Franchise Worth $2.1 Billion

Cowboys owner Jerry Jones.

Although they have not won a Super Bowl in recent memory, the Dallas Cowboys still rank as the first American sports franchise worth more than $2 billion, according to Forbes magazine.

Coming in as the top-valued team in the NFL is nothing new for the Cowboys; this makes the sixth year in a row they hold that distinction. But the Cowboys saw their overall worth increase 14 percent over the last year, up to a staggering $2.1 billion.

How much of a blowout is Dallas’ ranking? Their worth is about $1 billion higher than the average NFL team value, $1.11 billion, which up 7 percent.

Think that’s something? You will understand how popular soccer is around the world when you read this:  Manchester United of the English Premier League, is valued at $2.24 billion. Amazing. It is the only pro franchise that is  more valuable than the Cowboys, according to Forbes’ surveys. And Man U’s owners, the Glazer family, also own the Tampa Bay Bucaneers, who are $1.033 billion, 18th in the NFL.

New TV contracts, the collective bargaining agreement signed last year that will last a decade, and higher premium seating revenue contributed to the increases. Every franchise except the Cincinnati Bengals increased in value; the Bengals stayed the same at $871 million, which ranks 26th overall.

With new stadiums in the works for the Vikings and 49ers, their values skyrocketed. Minnesota had a 22 percent increase to $975 million, while San Francisco moved up 19 percent to $1.175 billion.

Jimmy Haslam III bought the Cleveland Browns this summer for $1 billion, $13 million more than the value Forbes placed on the team, which ranks 21st.

Shahid Khan purchased the Jacksonville Jaguars for $770 million in January. Forbes values them at exactly that – the least valuable franchise in the league, $10 million less than the St. Louis Rams.

Rounding out the top five are New England ($1.635 billion), Washington ($1.6 billion), the New York Giants ($1.468 billion) and Houston ($1.305 billion).

Democracy needs journalism it can trust.

This election season, the stakes are higher than usual — and so is the pressure on newsrooms to soften their coverage, stay quiet, or just disappear. Independent reporting, the kind that answers to readers instead of advertisers or political pressure, matters more in a moment like this, not less.

For over 14 years, Atlanta Black Star has stayed independent and reader-funded. We have no corporate owner and no shareholders telling us what to cover or how to cover it. That independence is also our biggest vulnerability: nothing protects it except readers choosing to fund it directly.

Newspaper ad revenue has fallen more than 80% since 2005, and local newsrooms are closing at a rate of roughly two a week nationwide. When outlets go under in a moment like this, it's rarely the independent, reader-funded ones that get to stick around.

We know a request for support isn't why you came here. But without readers choosing to fund this work directly, the depth of reporting we can do at home and abroad shrinks along with everyone else's. If you're not in a position to give, that doesn't change how much we value you as a reader.

If you are able to, a recurring contribution does more for us than a single one-time gift, because it lets us plan the next investigation instead of just the next invoice. It takes about 30 seconds, no long form, no account. Thank you for continuing to support independent journalism and freedom of the press.

Back to top