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Ranked: The Most Valuable NFL Teams in 2022



visualizing the most valuable NFL teams in 2022

Ranked: The Most Valuable NFL Teams in 2022

The world’s most valuable sports teams include internationally beloved soccer clubs, massive NBA franchises, and renowned MLB teams. But, it’s the National Football League (NFL) that has arguably the most valuable teams in the world.

In June 2022, the Denver Broncos sold for $4.65 billion, a record for the most expensive team purchase. But if other teams were to sell, they’d potentially command an even greater price tag.

Which teams, and conferences, reign supreme in value? This graphic by Truman Du uses data from Forbes last calculated in August 2022 to show the most valuable NFL teams.

NFL Teams by Value

To calculate team values, Forbes used enterprise values (total team equity plus net debt) and factored in each team’s stadium-related revenue. This includes non-NFL revenue that accrues to each team’s owner, but doesn’t account for the stadium’s real estate value.

The findings? NFL teams continue to become more valuable, rising in 2022 to an average of $4.47 billion, an increase of 28% year-over-year.

RankNFL TeamValue (Aug 2022)
1Dallas Cowboys$8.00B
2New England Patriots$6.40B
3Los Angeles Rams$6.20B
4New York Giants$6.00B
5Chicago Bears$5.80B
6Washington Commanders$5.60B
7New York Jets$5.40B
8San Francisco 49ers$5.20B
9Las Vegas Raiders$5.10B
10Philadelphia Eagles$4.90B
11Houston Texans$4.70B
12Denver Broncos$4.65B
13Miami Dolphins$4.60B
14Seattle Seahawks$4.50B
15Green Bay Packers$4.25B
16Atlanta Falcons$4.00B
17Pittsburgh Steelers$3.98B
18Minnesota Vikings$3.93B
19Baltimore Ravens$3.90B
20Los Angeles Chargers$3.88B
21Cleveland Browns$3.85B
22Indianapolis Colts$3.80B
23Kansas City Chiefs$3.70B
24Tampa Bay Buccaneers$3.68B
25Carolina Panthers$3.60B
26New Orleans Saints$3.58B
27Tennessee Titans$3.50B
28Jacksonville Jaguars$3.48B
29Buffalo Bills$3.40B
30Arizona Cardinals$3.27B
31Detroit Lions$3.05B
32Cincinnati Bengals$3.00B

At the top of the rankings, the Dallas Cowboys sit at an estimated valuation of $8 billion, making them the most valuable sports team in the world.

They were the first team to generate over $1 billion in annual revenue thanks to massive sponsorship deals, including an estimated $220 million in stadium advertising and sponsorship revenue.

This is especially impressive, since NFL teams actually share just over 70% of football-related revenue. As Forbes points out, the Cowboys have been the most successful at capitalizing on stadium and branding in order to boost external revenues.

Most Valuable NFL Teams by Conference

Truman also broke down NFL team valuations by conference, highlighting the extra monetary weight one has over the other.

The National Football Conference (NFC) and the American Football Conference (AFC) were formed in 1970 after the NFL merged with the rival American Football League. Over time and as the league has expanded, the conferences have shifted and realigned to end up at 4 divisions of 4 teams for 16 teams each as of 2022.

visualizing the most valuable NFL teams by conference

Impressively, NFC teams had an average valuation about $500 million higher than the AFC. It also had five of the six most valuable teams, with just the #2 New England Patriots representing the AFC at the top.

But with the most recent record sale taking place in the AFC (Denver Broncos), and more potential high-profile relocations and sales in the wings, the landscape of NFL team values might shift yet again in the near future.

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This article was published as a part of Visual Capitalist's Creator Program, which features data-driven visuals from some of our favorite Creators around the world.

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Ranked: U.S. States by Gambling Spending

Gambling spending grew in 32 of the 36 states covered in this analysis. Outliers include: Washington D.C., Florida, Indiana and Mississippi.



This cropped graphic ranks the top 10 U.S. states by the amount consumers spent on gambling in 2023, sourced from the American Gaming Association.

Ranked: U.S. States By Gambling Spending in 2023

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

In 2023, the “commercial gaming industry” which includes casinos and sports betting services collectively earned more than $66 billion, a 10% jump from 2022.

We rank the top 10 U.S. states by the amount consumers spent on gambling in 2023. Data for this graphic and article is sourced from the American Gaming Association.

Which State Has the Highest Gambling Spend?

Unsurprisingly, Nevada attracts the most gambling spending in the country at $15 billion. However, Pennsylvania and New Jersey both saw over $5 billion spent in 2023.

The top 10 states collectively accounted for 74% of America’s total gambling spending in 2023.

RankState2023 RevenueYoY Change
3New Jersey$5.8B+11%
4New York$4.7B+12%
17West Virginia$806M+7%
18Rhode Island$708M+3%
26New Mexico$271M+3%
29South Dakota$148M+3%

Note: Figures rounded.

The American Gaming Association notes that the commercial gaming industry grew in 32 of the 36 states they cover in their report. Only Washington D.C., Florida, Indiana and Mississippi saw their gambling spending contract.

Meanwhile, Kentucky legalized sports betting in 2023, (full casinos are still illegal) and immediately saw more than $100 million spent in the year. Ohio, Massachusetts, Nebraska, and Maine also legalized sports betting last year.

Land-based “traditional” casinos also had a bumper year, attracting nearly $50 billion in gambling spending, up 3% compared to 2022.

The gambling industry’s revenues have only been growing in the last few years. Access to platforms through smartphones, the 2018 Supreme Court decision that removed restrictions on sports betting, and the pandemic, have all contributed.

Experts point out that while gambling is “a terrible get-rich-quick scheme for individuals,” it’s a “much better one for states.” Nevada, a state with little in natural resources, is a prime example.

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If you enjoyed this article, check out Visualizing the Tax Burden of Every U.S. State which measures the percent of an average person’s income paid towards local taxes.

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