Patriots Valued at $1.6 Billion by Forbes Magazine, Making New England NFL’s Second-Most Valuable Franchise

by abournenesn

Sep 5, 2012

Patriots Valued at $1.6 Billion by Forbes Magazine, Making New England NFL's Second-Most Valuable FranchiseNew England didn't win the Super Bowl last season, but the Patriots didn't have to in order to continue making owner Bob Kraft a happy (and profitable) man.

The Pats were valued at $1.635 billion by Forbes magazine in its latest appraisal of the NFL's franchises, making them the second-most valuable team in the league.

The top spot would be reserved for the Dallas Cowboys, of course, who break the $2 billion mark and check in at a healthy $2.1 billion appraisal.

While Jerry Jones and the 'Boys might be content with their top spot, they may need to start winning in order to maintain it. Both the Patriots and the New York Giants saw double-digit percentage increases after squaring off in the Super Bowl. Interestingly, the Pats saw a bigger boost (17 percent) than the Super Bowl champion Giants (13 percent).

At the other end of the spectrum, small-market teams like Buffalo, Oakland and St. Louis bring up the rear with the Jacksonville Jaguars the NFL's least valuable franchise at a $770 million, a mere pittance for the league's big spenders.

According to Forbes, the Pats brought in a whopping $380 million in revenue last year, also good for second-most behind Dallas, and had an operating income of $118.8 mil. Interestingly enough, Forbes pegs the Raiders as the least profitable franchise with an operating loss of $15.2 million and the Steelers were also reportedly operating in the red. Judging by how the rest of these teams are doing, though, we figure that Pittsburgh will probably end up doing alright.

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Patriots Valued at $1.6 Billion by Forbes Magazine, Making New England NFL's Second-Most Valuable Franchise

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