Cowboys most valuable NFL team at $2.1 billion

Cowboys most valuable NFL team at $2.1 billion

NEW YORK (AP) - The Dallas Cowboys have become the first American sports franchise worth more than $2 billion, according to Forbes magazine.

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

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% increase to $975 million, while San Francisco moved up 19% to $1.175 billion.

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

 

Online: www.forbes.com/nfl

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 This material may not be published, broadcast, rewritten or redistributed.

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