The Dallas Cowboys become America's most valuable team

Monday morning headlines for August 1, 2022

DALLAS (CBSDFW.COM) - America's Team is now America's most valuable team.

The Dallas Cowboys are worth an estimated $7.64 billion, according to a new report from Sportico. For measure, the average NFL team is worth $4.1 billion, an 18% increase from 2021. The Cowboys are also worth $630 million more than the New York Yankees.

Behind the Cowboys is the Los Angeles Rams, worth an estimated $5.91 billion. The least valuable franchise is the Cincinnati Bengals, worth an estimated $2.81 billion.

A total of 16 NFL teams have an estimated value of $4.14 billion. Meanwhile, there are only four NBA franchises and three MLB franchises that have a value of at least $4 billion.

Cowboys owner Jerry Jones bought the team in 1989 for $180 million. Since then, the Jones family has led the Cowboys to a partnership with cryptocurrency platform Blockchain.com, opened 'The Star,' their $1.5 billion headquarters and training complex in Frisco and built AT&T Stadium in Arlington.

Sportico's report came from interviews with more than 30 bankers, lawyers, team executives, owners and consultants involved in the sport, as well as public documents.

Julia Falcon

Julia Falcon is a digital content producer at CBS News Texas. Julia has previously written for news outlets across Dallas-Fort Worth like the Denton Record-Chronicle, D Magazine, 1080 KRLD and 105.3 The Fan. She covers a span of topics, focusing on sports and trending topics. Every week, Julia produces a show called "Eye on Trending," where she answers top trending questions.