SANTA CLARA (CBS / AP) – The Dallas Cowboys not only are the NFL’s most valuable franchise for the 11th straight year, they are the top-valued team in the world.
According to Forbes magazine, their worth increased 14 percent in the last year, reaching $4.8 billion. That’s more than $1 billion ahead of the Patriots ($3.7 billion).
Rounding out the NFL’s top five are the Giants ($3.3 billion), Redskins ($3.1 billion) and 49ers ($3.05 billion).
At $2.38 billion, the Oakland Raiders were the 19th most valuable NFL franchise on the Forbes list.
On average, an NFL franchise is worth $2.52 billion, an increase of 8 percent since 2016. Much of that can be attributed to rights fees and new stadiums or stadium renovations.
Every team is worth at least a billion, with the Buffalo Bills last at $1.6 billion. Forbes reported earlier this year that the average baseball franchise is worth $1.54 billion.
The Falcons had the highest increase in value, up 16 percent to more than $2.47 billion The team just moved into a $1.5 billion stadium in Atlanta.
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