Jacksonville Jaguars are worth over $2 billion

For the 11th consecutive year, the Cowboys are No. 1 on Forbes' annual list of the NFL's most valuable franchises with an estimated value of $4.8 billion.

The New England Patriots, the NFL's reigning Super Bowl champions, ranked second at $3.7 billion, followed by the New York Giants at $3.3 billion. Under his watch, the Cowboys have topped Forbes' list of the most valuable National Football League franchises for 11 straight years. The league owes this success to new stadium investments, stadium renovations and exuberating rights fees.

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Jerry Jones paid $140 million for the Cowboys and Cowboys Stadium in 1989, which means the team is worth roughly 17 times more than what he paid for it, factoring for inflation.

The other team in Los Angeles, the Chargers, received a small lift with their move to Los Angeles, going from $2.08 billion to $2.275 billion in the past year.

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When it comes to franchise value, the Detroit Lions rank below all but one organization in the NFL. The Jets, at $2.75 billion, came in ninth. The Atlanta Falcons are worth slightly more than Vikings, coming in at $2.48 billion with the opening of their $1.5 billion Mercedes-Benz Stadium. Forbes reported earlier this year that the average baseball franchise is worth $1.54 billion. Rounding out the global top five, according to Forbes, is Manchested United ($3.69 billion) and FC Barcelona ($3.64 billion).

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