By Daily Mail (U.S.) | Created at 2024-12-13 21:28:25 | Updated at 2024-12-24 12:19:53
1 week ago
Billionaire Jerry Jones has two job titles with the Dallas Cowboys: Owner and general manager.
And while he's struggled in his role as the latter, his success as the former is unquestioned.
For the ninth consecutive year, America's Team leads Forbes' Top-50 list of sports' most valuable franchises with a record $10.1 billion valuation – a 12.1-percent jump from 2023 and $9.96 billion more than Jones purchased the team for in 1989.
Of course, this will do nothing to change the team's current fortunes. Dallas is just 5-8 and Cowboys fans are calling for Jones to step down as GM, Mike McCarthy to be fired as head coach, and the roster to be reworked considerably.
Despite all of these issues, the five-time Super Bowl champs are valued at $1.3 billion more than the next closest team on Forbes' list, the NBA's Golden State Warriors, who came in at an estimated $8.8 billion at No. 2 overall.
Curiously, the two-time defending Super Bowl champion Kansas City Chiefs rank just 39th at $4.85 billion. Andy Reid's team currently plays in a 52-year-old stadium and does so in the country's 34th-largest media market.
Jerry Jones is undeniably successful as an owner, but he's struggled as GM of the Cowboys
Patrick Mahomes and the two-time defending Super Bowl champs also cracked the top 50
The NBA is currently battling regular-season Nielsen ratings woes, but that hasn't stopped league teams from increasing in value, thanks to a new media deal. Now NBA teams are worth an estimated average of $4.4 billion – a 15-percent increase from last year and whopping 596-percent leap from a decade earlier.
Major League Baseball, meanwhile, had two teams drop out of the top 50 in the Chicago Cubs and San Francisco Giants. Similarly, Formula One's two representatives on the Forbes Top 50 list, Mercedes and Ferrari, have both fallen off the board.
Forbes is quick to point out that soccer teams continue to have more global reach than US-based franchises, who benefit from better commercialization.
For instance, the NBA's new media deal is worth a reported $76 billion over the next 11 seasons, which equates to $230 million annually per team.
And that's nothing compared to the NFL's media deal, which gives clubs $380 million in television revenue every season. Altogether, that's $125.5 billion through the 2033 season.
For comparison, La Liga's Atlético Madrid had just $382 million in total revenue last season. That club is now worth $5.1 billion, according to Forbes.
All in all, the top-50 teams are worth nearly $300 billion, which is up 13 percent from last year.
The New York Yankees ranked first among MLB teams at $7.5billion, while Real Madrid was the top soccer team at $6.6 billion and Manchester United led all EPL teams at $6.5 billion.
No NHL, WNBA, MLS or Formula One teams cracked the top 50.
