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The 40 Most Valuable North American Sports Franchises

Each year, Forbes publishes their list of the most valuable professional sports franchises. For the fifth straight year, the Dallas Cowboys of the National Football League (NFL) grabbed the top spot, having been valued at $5.5 billion, which is just slightly higher than the worth of the New York Yankees. In 1989, Jerry Jones purchased the Dallas Cowboys for $150 million, and over the past 31 years, the franchise has seen growth of 3,566.66%.

Here’s a guide to the 40 most valuable professional sports franchises in the United States (as of 2020).

Four of the top 40 most valuable sports franchises in the United States call New York home. As of 2020, here are the 40 most valuable North American sports franchises:

1. Dallas Cowboys (NFL): $5.5 billion
2. New York Yankees (MLB): $5 billion
3. New York Knicks (NBA): $4.6 billion
4. Los Angeles Lakers (NBA): $4.4 billion
5. Golden State Warriors (NBA): $4.3 billion
6. New England Patriots (NFL): $4.1 billion
7. New York Giants (NFL): $3.9 billion
8. Los Angeles Rams (NFL): $3.8 billion
9. San Francisco 49ers (NFL): $3.5 billion
10. Chicago Bears (NFL): $3.45 billion
11. Los Angeles Dodgers (MLB): $3.4 billion
12. Washington Football Team (NFL): $3.4 billion
13. Boston Red Sox (MLB): $3.4 billion
14. Chicago Bulls (NBA): $3.2 billion
15. Chicago Cubs (MLB): $3.2 billion
16. New York Jets (NFL): $3.2 billion
17. Boston Celtics (NBA): $3.1 billion
18. Houston Texans (NFL): $3.1 billion
19. San Francisco Giants (MLB): $3.1 billion
20. Philadelphia Eagles (NFL): $3.05 billion
21. Denver Broncos (NFL): $3 billion
22. Las Vegas Raiders (NFL): $2.9 billion
23. Green Bay Packers (NFL): $2.85 billion
24. Pittsburgh Steelers (NFL): $2.8 billion
25. Seattle Seahawks (NFL): $2.78 billion
26. Miami Dolphins (NFL): $2.75 billion
27. Atlanta Falcons (NFL): $2.755 billion
28. Baltimore Ravens (NFL): $2.75 billion
29. Minnesota Vikings (NFL): $2.7 billion
30. Indianapolis Colts (NFL): $2.65 billion
31. Los Angeles Clippers (NBA): $2.6 billion
32. Brooklyn Nets (NBA): $2.5 billion
33. Los Angeles Chargers (NFL): $2.5 billion
34. Houston Rockets (NBA): $2.48 billion
35. Carolina Panthers (NBA): $2.4 billion
36. Dallas Mavericks (NBA): $2.4 billion
37. New York Mets (MLB): $2.4 billion
38. Jacksonville Jaguars (NFL): $2.33 billion
39. Kansas City Chiefs (NFL): $2.3 billion
40. New Orleans Saints (NFL): $2.28 billion

While the majority of the franchises named initially cost millions of dollars when they were purchased, some were actually bought for very little money. Here are five franchises that were purchased for less than $200,000.

1. Chicago Bears (NFL): $100 (1920)
2. Green Bay Packers (NFL): $100 (1921)
3. Pittsburgh Steelers (NFL): $2,500 (1933)
4. Kansas City Chiefs (NFL): $25,000 (1960)
5. Las Vegas Raiders (NFL): $180,000 (1966)

Here are some additional facts about the most valuable professional sports franchises in America:

• Of the four major sports in America (football, baseball, basketball, and hockey), 25 of the 40 franchises are from the National Football League (62.5%). Nine of the franchises are from the National Basketball Association (22.5%), and six come from Major League Baseball (15%). The National Hockey League did not have one of their franchises crack the top 40.
• Only two of the owners from this list own multiple sports franchises. Stanley Kroenke owns four: the Los Angeles Rams (eighth most valuable American sports franchise), the Colorado Avalanche, the Colorado Rapids, and the Arsenal soccer club. Shahid Khan owns two: the Jacksonville Jaguars (38th most valuable sports franchise in the U.S.) and Fulham F.C.
• Even in the top 50 most valuable franchises, there is no representation from the National Hockey League, NASCAR, Major League Soccer, or Formula One.
• New York has more franchises within the top 40 than any other sports city, at five: the New York Yankees (second), New York Knicks (third), New York Giants (seventh), New York Jets (tied for 14th), and New York Mets (tied for 34th).

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