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Packers value rises according to latest Forbes rankings

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lambeau-field-4Forbes Magazine is out with its annual rankings of NFL team values and the Green Bay Packers are worth 20% more than a year ago.  But the rankings also show the Packers dropping  three spots in the NFL.

Every franchise in the NFL added value over the past year.  Overall, the NFL teams increased 19% to an average of $2.34 billion.  Forbes estimates the Packers’ worth at $2.35 billion which is 13th in the league.

The Dallas Cowboys remain number one with a valuation of $4.2 billion.  New England is number two at $3.40 billion.  The New York Giants, San Francisco 49ers and Washington Redskins round out the top five.

Among NFC North teams, the Chicago Bears are 8th ($2.70 billion), Minnesota is 17th ($2.20 billion) and the Detroit Lions are 31st ($1.65 billion).

Bucks reportedly worth $600M

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Milwaukee Bucks logo 2New Milwaukee Bucks owners Marc Lasry and Wes Edens purchased the team for $550 million.  Less than a year later, they are reportedly now worth $600 million.

Forbes Magazine came out yesterday with the new valuations of NBA franchises.  It says the average NBA team is now worth $1.1 billion, up 74% from a year ago.  Forbes reported it was the biggest one-year gain since it began valuing teams in the four major U.S. sports leagues back in 1998.

The reason for the jump in values is the new television contracts the league signed.  Those new deals with ESPN and Time Warner will start with the 2016-17 season.  They are worth $930 million a year, almost three times the value of the current contracts.

Bucks vs. Utah

The Bucks return to the court tonight against the Utah Jazz at the BMO Harris Bradley Center.  It’s the start of the second half of the season for the Bucks, who finished the first half with a 21-20 record.

Ersan Ilyasova is expected to return to the starting lineup tonight, after missing roughly half of the teams first 41 games with a broken nose and a concussion.

Giannis Antetokounmpo

Bucks forward Giannis Antetokounmpo has made quite an impact in his first 1+ season in the league.  The 6’11 swingman has been invited to participate in the NBA’s Slam Dunk Competition during its upcoming All-Star weekend.

Packers rank 18th on Forbes List

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Forbes Magazine has published the 50 most valuable sports teams in the world and the list is topped by European soccer teams.

Real Madrid ($3.3-billion) is number one, followed by Manchester United and Barcelona.

The New York Yankees are fourth with a value of $2.3-million and the Dallas Cowboys are 5th ($2.1-billion).

Thirty of the 32 NFL teams made the list, including the Green Bay Packers who rank 18th ($1.16-billion).