Financial windfalls typically follow success in sports. Well, for most teams anyway. Despite failing to win a playoff game for 13 of the last 14 seasons, the Dallas Cowboys were named the NFL’s most valuable franchise for the fifth straight year. Thanks to some new and successful business ventures and the "America’s Team" moniker, Jerry Jones’s team is worth $1.85 billion, according to Forbes Magazine.â†µ
And the Browns, well, they fell 4% to $977 million, good for 20th in the NFL. Only Cincinnati (25th) is worth less than Cleveland in the AFC North, with the Steelers and Ravens coming in at 13th and 10th respectively. Barring a vastly disappointing season, the Browns should see a turnaround, with higher expectations, a new head coach and a nucleus of exciting young players.â†µ
Oddly enough, only one team lost a greater percentage of its value than the Browns: the 10-6 Tampa Bay Buccaneers. Seven other teams had a negative change: the Carolina Panthers, Tennessee Titans, Arizona Cardinals, Bengals, Atlanta Falcons, Buffalo Bills and St. Louis Rams.â†µ
As for the Super Bowl Champion Green Bay Packers, they jumped up 7% to $1.089B, ninth in the NFL.