Forbes magazine has published its annual list of the world’s most valuable sports franchises, and the Patriots came in this year at the same spot at last year: sixth. This year, however, they are tied at six with the Los Angeles Dodgers.
The franchise is valued at an estimated $1.4 billion, up from $1.37 billion last year. (Robert Kraft bought the team in 1994 for a then-NFL record $175 million.)
British soccer club Manchester United, the world’s most popular soccer team, remained number one, valued at $2.23 billion, the only team to come in over $2 billion. Another soccer team, Real Madrid, was second at $1.88 billion.
The Yankees and Cowboys were tied at third ($1.85 billion) and the Redskins were fifth ($1.56 billion), meaning the Patriots are the third-most valuable franchise in the NFL.
Thanks to its lucrative broadcast contracts with four major networks, the profits of which are split equally among all of the league’s teams, all 32 NFL clubs are in the Forbes 50 list. The average franchise value in the league is $1.04 billion, with 15 teams estimated to be worth $1 billion.
The other teams in the AFC East, the Jets ($1.23 billion), Dolphins ($1.01 billion) and Bills ($792 million), rank 12th, 22nd and 42nd, respectively.
The NFL’s least-valuable franchise is the Jaguars, coming in at $725 million.
One other local team made the top 50: the Red Sox came in at 24th, valued at $1 billion.