As of the 2024 season, the three most valuable NFL franchises, the Dallas Cowboys, Los Angeles Rams, and New England Patriots, have generated substantial revenue.
The National Football League(NFL) is a professional American football league with a massive and dedicated fanbase worldwide.
Furthermore, the NFL is one of the major sports leagues televised on eight networks through seven media partners.
This extensive coverage of the league speaks volumes about its widespread acclaim and impressive standing in the sports world.
The NFL has 32 teams, divided equally between the American Football Conference (AFC) and the National Football Conference (NFC).
According to CNBC, each NFL team’s average valuation was $6.49 billion as of 2024.
This figure not only shows the league’s fame but also highlights the significant valuation of each NFL franchise.
The NFL Witnessed Extraordinary Growth in Revenue and Franchise Value Over the Years
Founded in 1920, the organization initially collected tens of thousands of dollars but is now valued at several billion dollars.
Last year, the NFL successfully garnered approximately $13 billion in national revenue, providing football franchises an average payout of $404 million.
Besides, each team benefited from the NFL shared gate receipt system, adding $25 million each derived from ticket revenues.
This structure involves the NFL sharing 67% of the total revenue equally among the 32 franchises.
updated list of the top-earning sports franchises globally for 2024, based on their overall valuation and revenue generation through sponsorships, ticket sales, broadcasting rights, and merchandise:
— Galatasaray Xtra (@gala_xtra_) October 3, 2024
1.Dallas Cowboys
(NFL) – $9.0 billionhttps://t.co/IMPPwQSM30 York Yankees…
Reportedly, NFL revenue declined due to COVID-19 in 2020, with earnings reduced to around 12 billion dollars.
However, the association has experienced tremendous growth in its revenue over the years, with the NFL reaching its highest earnings in 2022, amassing approximately $18 billion.
Moreover, the NFL generates revenue through various sources, with ticket sales and luxury suites being the primary contributors.
For 2023, ticket and luxury suite sales generated approximately $3 billion, about 15% of total earnings.
In the 2024 season, major NFL franchises ranked among the top-earning franchises globally through sponsorships, ticket sales, broadcasting rights, and merchandise.
Dallas Cowboys Lead NFL Valuations at $11 Billion, Surpassing Rams and Patriots!
According to Forbes, the Dallas Cowboys have held the title of the NFL’s most valuable franchise for 18 consecutive years.
The Cowboys have upheld their position as the most valuable sports franchise in the world since 2016.
When Forbes ranked the most valuable team in 1988, the Dallas Cowboys were valued at $413 million.
But, as of 2024, the Cowboys are number one on CNBC’s list of NFL valuations with $11 billion, $3 billion more than any other franchise.
Even though the Dallas Cowboys have not won the Super Bowl since 1995, they have maintained their position as the most valuable franchise.
Dallas Cowboys are now valued at $11 BILLION.
— Mark J. Burns (@markjburns88) September 5, 2024
The average NFL team is worth $6.49 BILLION.
(Source: CNBC) pic.twitter.com/G8PkE9eBq9
Regarding popularity, the Cowboys are the most searched team in 30 countries, with an 8.5 million-strong fanbase.
The Los Angeles Rams ranked second in CNBC’s evaluation and have achieved a notable valuation of $8 billion.
The Los Angeles Rams ranks as the 14th most popular football team and the 27th most popular sports team overall.
Due to their rich history and recent Super Bowl victory, the Los Angeles Rams are recognized as a renowned team.
Likewise, the New England Patriots take the third place with a $7.9 billion valuation and have sold out every game since 1994.
In Case You Didn’t Know
- The Dallas Cowboys do not officially retire jersey numbers; however, some are kept “unofficially inactive.”
- The NFL season format consists of a three-week preseason, an 18-week regular season, and a 14-team single-elimination playoff culminating in the Super Bowl, the league’s championship game.
- The New England Patriots have claimed six NFL championships.
