Steelers Make Forbes List Of Most Valuable Sports Teams
Jul 15, 2017, 00:08
In those three years, the Cowboys are now worth a reported $4.1 billion, almost double that total, and now stand at No. 1, above Real Madrid, Barcelona and Manchester United. They edged out division rival the Pittsburgh Steelers, who came in 28th on the list with an estimated value of $2.25 billion. Alongside Adidas, the club are sponsored by other big companies such as Chevrolet and 20th Century Fox.
The Washington Redskins remain one of the most valuable sports franchises in the world, but D.C.'s National Football League team dropped out of the top 10 on Forbes "Most Valuable Sports Teams" list this year.
Forbes says the Cowboys are now the world's most valuable sports team in 2017.
The average current value of the top most valuable teams is $2.5 billion, the highest to date, the Associated Press reports, and an increase over previous year, when the average value was $2.2 billion. That number makes St. Louis the seventh most valuable franchise in Major League Baseball.
The Baltimore Orioles, Washington Capitols and Washington Wizards were not ranked in the top 50.
The Chiefs enjoyed an overall value increase, per Forbes, of 23 percent over the previous year. But the team's value rose from $1.93 billion in 2016 to $2.3 billion, an increase of 19 percent.
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