Forbes: Chiefs' jump in value among lowest in NFL

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Posted: 09/05/2012

NEW YORK (AP Modified) - All but one NFL team increased their overall worth this year, according to Forbes magazine, with the Kansas City Chiefs among the teams with the lowest jump in value.

The Chiefs have an overall worth of a little over $1 billion - $1.008 billion to be exact. That’s good enough for 20th overall in the league.

Their value rose just 2 percent from last year, according to Forbes. The San Diego Chargers and Arizona Carindals also saw their value rise just 2 percent.

The Cleveland Browns, New Orleans Saints, Detroit Lions and St. Louis Rams all had value increases of 1 percent with the Cincinnati Bengals not changing.

The Dallas Cowboys have become the first American sports franchise worth more than $2 billion, according to the magazine.

The NFL's most valuable team for the sixth consecutive year, the Cowboys saw their overall worth increase 14 percent to $2.1 billion. That's about $1 billion higher than the average NFL team value, $1.11 billion, up 7 percent.

New TV contracts, the collective bargaining agreement signed last year and lasting for a decade, and higher premium seating revenue contributed to the increases.

With new stadiums in the works for the Vikings and 49ers, their values skyrocketed. Minnesota had a 22 percent increase to $975 million, while San Francisco moved up 19 percent to $1.175 billion.

New England was second to Dallas in overall value at $1.635 billion.

Online: www.forbes.com/nfl
 

Copyright AP Modified, Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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