In the past three years, the Dallas Cowboys have become the most profitable sports franchise in the world, hauling in a staggering amount of nearly $1.2 billion.
Forbes defines the Cowboys’ operational income as their earnings before interest, taxes, depreciation, and amortization (EBITDA), which was significantly higher than any other professional sports franchise.
The New England Patriots secured second place on the list with $623 million in operating income. The Forbes rankings included data from NFL, MLB, NBA, and NHL teams, as well as international professional soccer teams.
Forbes’ Top 10 most profitable sports franchises
- Dallas Cowboys – $1.171 billion
- New England Patriots – $623 million
- Tottenham Hotspur – $414 million
- New York Knicks – $404 million
- Manchester United – $403 million
- Houston Texans – $356 million
- Golden State Warriors – $348 million
- New York Giants – $333 million
- Los Angeles Lakers – $333 million
- Manchester City – $329 million
- Los Angeles Rams – $318 million
Forbes’s list of the best 25 teams features 13 NFL teams, followed by seven NBA teams, four English Premier League teams, and Bayern Munich, the only Bundesliga team.
Due to the substantial financial impact of the COVID-19 pandemic on live gate profits and less lucrative broadcast agreements in those leagues, Major League Baseball (MLB) and National Hockey League (NHL) teams did not make the cut.
Since Jerry Jones purchased them for a record-breaking $140 million in 1989, the Dallas Cowboys have consistently held the title of NFL’s wealthiest franchise.
Despite not securing a Super Bowl victory or advancing to a conference championship since Super Bowl XXX, the Cowboys have remained highly relevant under Jones’ stewardship due to their devoted fan base, strong media and marketing presence, and continued playoff competitiveness.