Welcome to the kickoff of CNBC’s first ever Official NFL Team Valuations.
Here we rank professional football teams on overall franchise value, calculated by CNBC senior sports reporter Michael Ozanian. The rankings factor in a team’s revenue, profit and debt to match up the 32 clubs ahead of the start to the NFL season.
Today, the average NFL team is worth $6.49 billion, representing major returns for league owners. Among the factors driving up values this year are big-money media deals, sponsorship revenue and non-NFL events at team stadiums, including Taylor Swift’s The Eras Tour.
Along with this year’s list, we look at how the Dallas Cowboys went from losing $1 million a month to becoming the NFL’s most valuable franchise at $11 billion, and why the Los Angeles Rams are worth so much more than the Los Angeles Chargers.
With global sports business booming and private equity investors finally off the NFL sidelines, where does your team rank among professional football’s most valuable franchises?
CNBC’s Official 2024 NFL Team Valuations
1. Dallas Cowboys: $11 billion
2. Los Angeles Rams: $8 billion
3. New England Patriots: $7.9 billion
4. New York Giants: $7.85 billion
5. Las Vegas Raiders: $7.8 billion
6. San Francisco 49ers: $7.4 billion
7. New York Jets: $7.35 billion
8. Miami Dolphins: $7.1 billion
9. Philadelphia Eagles: $7 billion
10. Chicago Bears: $6.4 billion
11. Houston Texans: $6.35 billion
12. Green Bay Packers: $6.3 billion
13. Washington Commanders: $6.25 billion
14. Denver Broncos: $6.2 billion
15. Seattle Seahawks: $6.11 billion
16. Atlanta Falcons: $6.1 billion
17. Pittsburgh Steelers: $6.08 billion
18. Kansas City Chiefs: $6.07 billion
19. Minnesota Vikings: $6.06 billion
20. Tampa Bay Buccaneers: $6.05 billion
21. Baltimore Ravens: $6.03 billion
22. Cleveland Browns: $6.02 billion
23. Tennessee Titans: $6.01 billion
24. Jacksonville Jaguars: $6 billion
25. Carolina Panthers: $5.9 billion
26. Los Angeles Chargers: $5.83 billion
27. Indianapolis Colts: $5.8 billion
28. New Orleans Saints: $5.5 billion
29. Detroit Lions: $5.4 billion
30. Buffalo Bills: $5.35 billion
31. Arizona Cardinals: $5.3 billion
32. Cincinnati Bengals: $5.25 billion
