National Football League (NFL) franchise valuations have jumped highly in the previous year to hit an average of US$3.48 billion, according to Forbes’ latest estimations. The Dallas Cowboys remain the NFL’s most valuable franchise, with a ponderous value of US$6.5 billion and league-high revenue of US$800 million resulting in an operating income of a massive US$280 million.
Forbes has confirmed, following critical revenue losses during the 2020 season due to the pandemic, this year has seen the NFL rebound with average team values up 14 per cent which indeed has been the largest annual jump in five years.
The operating income of the league was severely impacted by the pandemic, with Forbes estimating that it fell from US$109 million in 2019 to US$7.1 million in 2020. The business outlet confirms that the 2020 season saw the league suffer a 20 per cent drop in revenue, with the average revenue reportedly coming in at US$381 million per team.
Currently, in the NFL, The New England Patriots (US$5 billion) rank second, followed by the New York Giants (US$4.85 billion).
The value for the Tampa Bay Buccaneers is up 29 per cent than the last year, which is the highest for any NFL team and considering the fact that they are also reigning Super Bowl champions.