Forbes: Jaguars value up 22% to $5.6 billion (Courtesy of the Jacksonville Daily Record) — The Jacksonville Jaguars’ value rose 22% in the last year to $5.6 billion, according to an annual analysis of NFL franchises by Forbes magazine.
The Jaguars rank 28th in value among the 32 NFL teams, with every team valued at more than $5 billion in a league where shared revenue makes everyone profitable.
“One clear perk of NFL ownership is that it has become nearly impossible to lose money in the league, with the 32 teams averaging $127 million in operating income last season and no team falling below $21 million, according to Forbes estimates,” the magazine said in a story posted on its website Aug. 28.
“That kind of profitability isn’t guaranteed in other sports, such as MLB, where Forbes estimates that 11 teams were in the red last season,” it said.
Forbes estimated the Jaguars’ operating income at $106 million last year on revenue of $522 million.
Every NFL team received $440 million in revenue from national media, sponsorship and merchandise rights plus a pooled portion of league-wide ticket revenue, it said.
According to the Forbes ranking, the Dallas Cowboys are the most valuable team, worth $13 billion. The Cowboys had estimated revenue of $1.2 billion and operating income of $629 million.
The Cincinnati Bengals ranked 32nd with a valuation of $5.25 billion.