Sports business site names Patriots second-most valuable NFL franchise
Jan 20, 2019; Kansas City, MO: New England Patriots owner Robert Kraft watches from the sidelines before the AFC Championship game against the Kansas City Chiefs at Arrowhead Stadium. (Kirby Lee-USA TODAY Sports)
By Alex Barth, 985TheSportsHub.com
According to the sports business website Sportico, the New England Patriots are the second-most valuable franchise in the NFL.
Valued at $4.97 billion, Robert Kraft’s organization sits behind only the Dallas Cowboys ($6.43 billion) on the 2020 list. The Los Angeles Rams round out the top three, with their new stadium upping the value to $4.1 billion. You can see a visualization of the breakdown here.
The evaluation is based on a combination of the estimated value of the team itself, as well as team-related business and real estate holdings. It’s that second category that gives the Patriots a sizable bump, given Robert Kraft owns both Gillette Stadium and the Patriots Place shopping center around it.
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Altogether, the 32 NFL franchises came in at $99 billion in total value, with the average organization valued just over $3 billion. The Cincinnati Bengals are the least valuable NFL franchise, at $2.12 billion.
As the 2020 season gets underway, these numbers bear watching to see how COVID impacts the overall market of professional football. That will impact things like the salary cap as the league enters a post-pandemic era.
Here is the full list of NFL team evaluations, via Sportico:
1. Dallas Cowboys – $6.43 billion
2. New England Patriots – $4.97 billion
3. Los Angeles Rams – $4.10 billion
4. New York Giants – $4.00 billion
5. New York Jets – $3.70 billion
6. San Francisco 49ers – $3.63 billion
7. Washington Football Team – $3.58 billion
8. Chicago Bears – $3.41 billion
9. Philadelphia Eagles – $3.35 billion
10. Houston Texans – $3.34 billion
11. Miami Dolphins – $3.30 billion
12. Green Bay Packers – $3.16 billion
13. Pittsburgh Steelers – $3.11 billion
14. Denver Broncos – $3.10 billion
15. Seattle Seahawks – $3.08 billion
16. Atlanta Falcons – $3.00 billion
17. Minnesota Vikings – $2.84 billion
18. Kansas City Chiefs – $2.83 billion
19. Oakland Raiders – $2.82 billion
20. Baltimore Ravens – $2.80 billion
21. Carolina Panthers – $2.75 billion
22. Los Angeles Chargers – $2.67 billion
23. New Orleans Saints – $2.59 billion
24. Indianapolis Colts – $2.50 billion
25. Jacksonville Jaguars – $2.39 billion
26. Cleveland Browns – $2.36 billion
27. Tampa Bay Buccaneers – $2.30 billion
28. Tennessee Titans – $2.23 billion
29. Arizona Cardinals – $2.22 billion
30. Buffalo Bills – $2.15 billion
31. Detroit Lions – $2.14 billion
32. Cincinnati Bengals – $2.12 billion