Ravens #19 On Forbes List
By Brett Foote
Dec 16, 2013; Detroit, MI, USA; Baltimore Ravens quarterback Joe Flacco (5) against the Detroit Lions at Ford Field. Mandatory Credit: Andrew Weber-USA TODAY Sports
Forbes Magazine has unveiled the world’s 50 most valuable sports teams for 2014, and the Baltimore Ravens have made the list at number 19. The franchise is valued at $1.227 billion dollars, and joins a number of NFL teams that dominate the Forbes list.
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NFL teams that rank ahead of the Ravens include the Bears (#18, $1.252B), Eagles (#17, $1.314B), Jets (#14, $1.38B), Texans (#12, $1.45B), Giants (#10, $1.55B), Redskins (#9, $1.7B), Patriots (#8, $1.8B), and Cowboys (#5, $2.3B). Soccer still rules the globe, owning the top three spots on the list.
The value of sports teams continues to blow up in recent years, much of which is thanks to exploding TV contracts. Live sports is one of the few things that cable can get people to tune in to watch as opposed to simply recording it. It’s prime advertising space in an industry that doesn’t have much left.