The Kansas City Chiefs are once again ranked among the most valuable franchises in sports by Forbes Magazine.
The latest rankings of the 50 most valuable franchises is out from Forbes Magazine and, once again, the Kansas City Chiefs are listed with a value of $1.88 billion.
The Chiefs enjoyed an overall value increase, per Forbes, of 23 percent over the previous year. Despite the nice growth in overall value to $1.88 billion from last year’s valuation of $1.53 billion, the percentage drop in growth is quite a bit, since last year the Chiefs increased in value nearly 40 percent year over year.
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NFL teams are growing at a rapid rate in value in recent years, despite the drama around concussions over the last few seasons. International growth in interest might be helping or maybe it’s just the continued cash cow status combined with last year’s stellar Super Bowl, but the NFL continues to dominate these boards. The Chiefs were barely over $1 billion in value as recently as 2014, but now they’re poised to cross the $2 billion barrier as soon as next year.
The Dallas Cowboys are the best example of the NFL’s climb in overall value. The Cowboys were ranked No. 5 overall among franchises just three years ago. They stood behind the New York Yankees and three soccer (football) teams and their overall value was at $2.3 billion. In those three years, the Cowboys are now worth a reported $4.1 billion, nearly double that total, and now stand at No. 1, above Real Madrid, Barcelona and Manchester United.
In another impressive showing, every NFL team except for three—the Cincinnati Bengals, Detroit Lions, Buffalo Bills—made the list of the top 50 franchises, showing just how profitable the league is compared to other supposed major sports like baseball, hockey and basketball. There’s not a single National Hockey League team in the Forbes 50, for example, showing how wide the disparity is between the sports beyond just TV ratings.