Dolphins Remain A Billion Dollar Franchise
MIAMI (CBSMiami.com) – If you’ve ever thought about becoming an owner in the NFL, you better have more than nine zeros after your name. According to Forbes, the average value for an NFL team is over one billion dollars.
And if you’re looking for your average NFL team, look no further than Sun Life Stadium. According to Forbes, the Miami Dolphins are worth $1.012 billion dollars. That’s roughly what owner Stephen Ross paid for the team, but the team also enjoyed revenue last year of $253 million.
The Forbes list showed that a team’s performance on the field isn’t necessarily linked to the team’s bottom line value. The top two teams in Forbes’ list, the Dallas Cowboys and Washington Redskins, haven’t been to the Super Bowl in more than a decade.
Still, the Cowboys franchise is worth more than $1.8 billion dollars and saw an increase of two percent in value from last year. The Redskins are worth $1.55 billion and combined with the Cowboys, the franchises pulled in nearly $800 million in revenue.
The other Florida NFL teams didn’t perform as well as the Dolphins. The Tampa Bay Buccaneers are worth $981 million, but lost five percent of their value in just one year, despite a 10-6 record last season.
The Jacksonville Jaguars brought up the bottom of the list with a current value of $725 million. Still, the Jaguars pulled in revenue of $236 million and had an operating income of $32.8 million.
Plus, for the owners who can ride out the recession, a big boost in revenue is coming by next year. The NFL is about to renegotiate television contracts that could increase as much as 60 percent over the current $3.1 billion average of the TV deals.