Forbes compiles the finances of all 32 NFL teams to produce an annual ranking of the best franchises in terms of valuation. The valuations are composed of the monetary worth of the sport, market, stadium deals, and brand. [1] These areas are supported by applying financial metrics such as revenue and operating income to each one. [2] The Dallas Cowboys, valued at $10.1 billion in 2024, has been the NFL's most valuable franchise since 2007 and the most valuable sports franchise in the world since 2016. In the 2025 list updated on November 10, 2025, Forbes valued the Cowboys at $13 billion, followed by the Los Angeles Rams ($10.5 billion) and New York Giants ($10.1 billion) also topping $10 billion, with the average NFL franchise reaching $7.1 billion. [2]
Several media outlets have referenced in related news or conducts analytic journalism when the ranking comes out, such as CBS and Sports Illustrated. [3] [4] The NFL has recognized the annual ranking for the first time after the rendition based on the 2014 NFL season. [5]
Rankings as of November 2025 [2]
| Rank | Swing [a] | Team | State | Value | Change | Revenue | Operating income |
|---|---|---|---|---|---|---|---|
| 1 | Dallas Cowboys | $13 billion | 29% | $1.234 billion | $629 million | ||
| 2 | Los Angeles Rams | $10.5 billion | 38% | $764 million | $244 million | ||
| 3 | New York Giants | $10.1 billion | 38% | $707 million | $181 million | ||
| 4 | New England Patriots | $9 billion | 22% | $762 million | $222 million | ||
| 5 | San Francisco 49ers | $8.6 billion | 26% | $723 million | $115 million | ||
| 6 | Philadelphia Eagles | $8.3 billion | 26% | $688 million | $117 million | ||
| 7 | Chicago Bears | $8.2 billion | 28% | $629 million | $80 million | ||
| 8 | New York Jets | $8.1 billion | 17% | $663 million | $180 million | ||
| 9 | Las Vegas Raiders | $7.7 billion | 19% | $832 million | $179 million | ||
| 10 | Washington Commanders | $7.6 billion | 21% | $644 million | $116 million | ||
| 11 | Miami Dolphins | $7.5 billion | 21% | $656 million | $63 million | ||
| 12 | Houston Texans | $7.4 billion | 21% | $687 million | $156 million | ||
| 13 | Denver Broncos | $6.8 billion | 24% | $645 million | $103 million | ||
| 14 | Seattle Seahawks | $6.7 billion | 23% | $624 million | $143 million | ||
| 15 | Green Bay Packers | $6.65 billion | 19% | $719 million | $83 million | ||
| 16 | Tampa Bay Buccaneers | $6.6 billion | 22% | $629 million | $130 million | ||
| 17 | Pittsburgh Steelers | $6.5 billion | 23% | $619 million | $137 million | ||
| 18 | Cleveland Browns | $6.4 billion | 24% | $685 million | $90 million | ||
| 19 | Atlanta Falcons | $6.35 billion | 22% | $612 million | $37 million | ||
| 20 | Tennessee Titans | $6.3 billion | 29% | $582 million | $93 million | ||
| 21 | Minnesota Vikings | $6.25 billion | 24% | $609 million | $70 million | ||
| 22 | Kansas City Chiefs | $6.2 billion | 28% | $610 million | $66 million | ||
| 23 | Baltimore Ravens | $6.1 billion | 22% | $621 million | $115 million | ||
| 24 | Los Angeles Chargers | $6 billion | 18% | $593 million | $105 million | ||
| 25 | Buffalo Bills | $5.95 billion | 42% | $585 million | $104 million | ||
| 26 | Indianapolis Colts | $5.9 billion | 23% | $593 million | $109 million | ||
| 27 | Carolina Panthers | $5.7 billion | 27% | $588 million | $36 million | ||
| 28 | Jacksonville Jaguars | $5.6 billion | 22% | $552 million | $106 million | ||
| 29 | Arizona Cardinals | $5.5 billion | 28% | $571 million | $62 million | ||
| 30 | Detroit Lions | $5.4 billion | 30% | $585 million | $21 million | ||
| 31 | New Orleans Saints | $5.3 billion | 20% | $607 million | $115 million | ||
| 32 | Cincinnati Bengals | $5.25 billion | 28% | $573 million | $50 million |
This section needs to be updated.(December 2023) |
| Team | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dallas Cowboys | 8,000 | 6,500 | 5,700 | 5,500 | 5,000 | 4,800 | 4,200 | 4,000 | 3,200 | 2,300 |
| New England Patriots | 6,400 | 5,000 | 4,400 | 4,100 | 3,800 | 3,700 | 3,400 | 3,200 | 2,600 | 1,800 |
| Los Angeles Rams | 6,200 | 4,800 | 4,000 | 3,800 | 3,200 | 3,000 | 2,900 | 1,500 | 930 | 875 |
| New York Giants | 6,000 | 4,850 | 4,300 | 3,900 | 3,300 | 3,300 | 3,100 | 2,800 | 2,100 | 1,600 |
| Chicago Bears | 5,800 | 4,075 | 3,500 | 3,500 | 2,900 | 2,900 | 2,700 | 2,500 | 1,700 | 1,300 |
| Washington Commanders | 5,600 | 4,200 | 3,500 | 3,400 | 3,100 | 3,100 | 3,000 | 2,900 | 2,400 | 1,700 |
| New York Jets | 5,400 | 4,050 | 3,600 | 3,200 | 2,900 | 2,800 | 2,800 | 2,600 | 1,800 | 1,400 |
| San Francisco 49ers | 5,200 | 4,175 | 3,800 | 3,500 | 3,100 | 3,100 | 3,000 | 2,700 | 1,600 | 1,200 |
| Las Vegas Raiders | 5,100 | 3,415 | 3,100 | 2,900 | 2,400 | 2,400 | 2,100 | 1,400 | 970 | 825 |
| Philadelphia Eagles | 4,900 | 3,800 | 3,400 | 3,100 | 2,800 | 2,700 | 2,500 | 2,400 | 1,800 | 1,300 |
| Houston Texans | 4,700 | 3,700 | 3,300 | 3,100 | 2,800 | 2,800 | 2,600 | 2,500 | 1,900 | 1,500 |
| Denver Broncos | 4,650 | 3,750 | 3,200 | 3,000 | 2,700 | 2,600 | 2,400 | 1,900 | 1,500 | 1,200 |
| Miami Dolphins | 4,600 | 3,420 | 2,900 | 2,800 | 2,600 | 2,600 | 2,400 | 1,900 | 1,300 | 1,100 |
| Seattle Seahawks | 4,500 | 3,500 | 3,100 | 2,800 | 2,600 | 2,400 | 2,200 | 1,900 | 1,300 | 1,100 |
| Green Bay Packers | 4,250 | 3,475 | 3,100 | 2,900 | 2,600 | 2,600 | 2,400 | 2,000 | 1,400 | 1,200 |
| Atlanta Falcons | 4,000 | 3,200 | 2,900 | 2,800 | 2,600 | 2,500 | 2,100 | 1,700 | 1,100 | 933 |
| Pittsburgh Steelers | 3,975 | 3,430 | 3,000 | 2,800 | 2,600 | 2,500 | 2,300 | 1,900 | 1,400 | 1,100 |
| Minnesota Vikings | 3,925 | 3,350 | 3,000 | 2,700 | 2,400 | 2,400 | 2,200 | 1,600 | 1,200 | 1,000 |
| Baltimore Ravens | 3,900 | 3,400 | 3,000 | 2,800 | 2,600 | 2,500 | 2,300 | 1,900 | 1,500 | 1,200 |
| Los Angeles Chargers | 3,875 | 2,920 | 2,600 | 2,500 | 2,300 | 2,300 | 2,100 | 1,500 | 995 | 949 |
| Cleveland Browns | 3,850 | 2,600 | 2,400 | 2,200 | 2,000 | 2,000 | 1,900 | 1,500 | 1,100 | 1,000 |
| Indianapolis Colts | 3,800 | 3,250 | 2,900 | 2,700 | 2,400 | 2,400 | 2,200 | 1,900 | 1,400 | 1,200 |
| Kansas City Chiefs | 3,700 | 2,930 | 2,500 | 2,300 | 2,100 | 2,100 | 1,900 | 1,500 | 1,100 | 1,000 |
| Tampa Bay Buccaneers | 3,675 | 2,940 | 2,300 | 2,200 | 2,000 | 2,000 | 1,800 | 1,500 | 1,200 | 1,100 |
| Carolina Panthers | 3,600 | 2,910 | 2,600 | 2,400 | 2,300 | 2,300 | 2,100 | 1,600 | 1,300 | 1,100 |
| New Orleans Saints | 3,575 | 2,825 | 2,500 | 2,300 | 2,100 | 2,000 | 1,800 | 1,500 | 1,100 | 1,000 |
| Tennessee Titans | 3,500 | 2,625 | 2,300 | 2,200 | 2,100 | 2,100 | 2,000 | 1,500 | 1,200 | 1,100 |
| Jacksonville Jaguars | 3,475 | 2,800 | 2,500 | 2,300 | 2,100 | 2,100 | 2,000 | 1,500 | 965 | 840 |
| Buffalo Bills | 3,400 | 2,270 | 2,100 | 1,900 | 1,600 | 1,600 | 1,500 | 1,400 | 935 | 870 |
| Arizona Cardinals | 3,270 | 2,650 | 2,300 | 2,300 | 2,200 | 2,200 | 2,000 | 1,500 | 1,000 | 961 |
| Detroit Lions | 3,050 | 2,400 | 2,100 | 2,000 | 1,700 | 1,700 | 1,700 | 1,400 | 960 | 900 |
| Cincinnati Bengals | 3,000 | 2,275 | 2,000 | 2,000 | 1,800 | 1,800 | 1,700 | 1,400 | 990 | 924 |