If you’re a Dallas Cowboys fan, you ride in a very nice bandwagon. Well-appointed, with leather seats and climate control and Wi-Fi and such. Why? Because according to the latest franchise valuation report from Forbes, the Cowboys are the most valuable sports team in the world.
The Cowboys top the valuation list at $4.2 billion. (Man! Imagine what they’d be worth if they won some playoff games!) Right behind them: the New York Yankees at $3.7 billion, and then three European soccer clubs: Manchester United at $3.69 billion, Barcelona at $3.64 billion and Real Madrid at $3.58 billion.
The rest of the top 10 includes three NFL teams: the New England Patriots at sixth, the New York Giants at eighth, and the San Francisco 49ers at ninth. The New York Knicks prove that talent has zero to do with value, coming in at seventh, while the Los Angeles Lakers tied with the 49ers for ninth. The Los Angeles Rams vaulted from outside the top 50 all the way up to 12th when the team moved to Los Angeles.
The Cowboys have been one fine investment for Jones; he bought in at $150 million in 1989. The franchise valuation includes property the Cowboys own, including the team’s brand-new $1.5 million headquarters/retail center. Forbes’ valuation ranks teams based on equity versus debt, with venue arrangements factored into the mix.
Overall, NFL teams continue to be a great value, so get one if you can. NFL teams took up 29 of the top 50 spots in Forbes’ ranking, compared to eight from baseball and seven from basketball. Only the Cincinnati Bengals, Detroit Lions, and Buffalo Bills didn’t crack the list. Each team turned at least a $26 million profit in 2016, according to Forbes, and 29 teams will also pocket $50 million in relocation costs. Not a bad gig if you can get in on it.
Jay Busbee is a writer for Yahoo Sports and the author of EARNHARDT NATION, on sale now at Amazon or wherever books are sold. Contact him at firstname.lastname@example.org or find him on Twitter or on Facebook.
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