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If there is an NFL bubble, it doesn’t look like it is going to burst anytime soon. According to Forbes, who does these franchise evaluations every now and again, the Dallas Cowboys are now worth a whopping $3.2 billion. It makes Jerry Jones’ team the second most valuable sports franchise in the world, only behind Real Madrid, which is worth $3.4 billion.

The most astounding figure is the fact that the average NFL franchise was found to be worth $1.43 million, which represents a 23% increase since the previous year. That is an amazing amount of growth and it’s the largest single-year jump since 1999.

The top 10 most valuable NFL franchises looks like this (hint: what the NFC East lacks in talent, they more than make up for in dollars):

1. Dallas Cowboys – $3.2 billion
2. New England Patriots – $2.6 billion
3. Washington Redskins – $2.4 billion
4. New York Giants – $2.1 billion
5. Houston Texans – $1.85 billion
6. New York Jets – $1.80 billion
7. Philadelphia Eagles – $1.75 billion
8. Chicago Bears – $1.70 billion
9. San Francisco 49ers – $1.6 billion
10. Baltimore Ravens – $1.5 billion

32. St. Louis Rams – $930 million

[Forbes]