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Value of Denver Broncos jumps in latest Forbes rankings

Value of Denver Broncos jumps in latest Forbes rankings

Forbes recently ranked the world's most valuable sports teams and Pennsylvania's two pro football franchises both made the top 30.

So where do the Chi-teams fall?

"The other 29 teams will each receive more than $50 million in relocation fees, with none of that money shared with the players".

They ranked 27th on the list with an estimated value of $2.3 Billion, an increase of 19% from a year ago.

The NFL wasn't the only league to experience a rise in value, as the cutoff to qualify increased 18 percent this year to $1.75 billion. United have moved up two places on the list after being named the fifth most valuable team previous year.

The Gunners' value fell 4 percent to $1.93 billion largely due to the decline in the British pound following Britain's vote to leave the European Union.

"Relocations and new stadiums are fuelling big increases in the value of National Football League teams, with the Cowboys the economic model every franchise hopes to match", said Kurt Badenhausen, senior editor, Forbes Media. That's an increase of $300 million dollars over past year.

Since purchasing the team from businessman Wayne Weaver, current owner Shad Khan has more than doubled the value on the franchise and it appears the team will hit the $2 billion mark next season.

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