http://www.forbes.com/nfl-valuations/list/
The Dolphins value is estimated at 1.3 billion placing them 16 th among NFL teams.
The Dolphins value is estimated at 1.3 billion placing them 16 th among NFL teams.
The average NFL team is currently worth $1.43 billion, the highest value in the 17 years Forbes has tracked professional football team finances. The $1.43 billion average is 23% more than a year ago, the biggest year-over-year increase since 1999.
Forbes’ team values are enterprise values (equity plus net debt) and are calculated using multiples of revenue that reflect each team’s current stadium economics (with adjustments for pending new stadiums and renovations).
In our most recent reports on the other top sports, the world’s 20 most valuable soccer teams (comprised mainly of clubs from the top English, Spanish, German and Italian leagues) had an average value of $1.05 billion, Major League Baseball teams had an average value of $811 million, followed by the NBA, with an average team value of $634 million.
There is a widening wealth gap in the NFL due to the piles of cash big market teams generate from modern stadiums and the premium a buyer would be willing to pay for entry into the most elite U.S. sports league in a big city. The value of the New York Jets, Philadelphia Eagles, Chicago Bears, and San Francisco 49ers each rose by at least 30% during the past year.
To be sure, it is a great time to own an NFL team regardless of market. For the 2013 season, the average NFL team generated record revenue (net of proceeds used to pay off stadium debt) and record operating income (earnings before interest, taxes, depreciation and amortization) of $299 million and $53 million, respectively. Each of the NFL’s 32 teams took in a record $170 million of national revenue, mainly from league-wide broadcasting and licensing fees.
The NFL is by far the most popular sport on television and media right fees underpin the league’s sweeping increase in team values. Thanks to new broadcasting deals with NBC, ESPN, CBS and Fox that begin with the 2014 season, evenly-split revenue will increase to $250 million over the next four years. In addition, the league’s one-year Thursday Night Football deal with CBS will add $275 million in revenue to the league this season. And the NFL’s deal with DirecTV–which recently began to offer streaming options–is expected to increase substantially from its current $1 billion a year fee to the league given the importance of the NFL to the value of the satellite television provider.