Cowboys First NFL Team Worth $2 Billion: Forbes

Cowboys second only to Manchester United in value

The Cowboys haven't played in a Super Bowl in nearly 20 years, but that hasn't stopped loads of cash from finding their way into the pockets of owner Jerry Jones.

According to Forbes magazine, outside of Manchester, England, the Dallas Cowboys are the most valuable sports franchise in the world with an estimated value of $2 billion.

Actually $2.1 billion, and that is almost $500 million more than their nearest competitor, the New England Patriots and Washington Redskins.

The change in valuation is a 14 percent increase over last year.  The team also boasts revenue of $500 million (a record for a U.S. sports team) and operating income of $227 million (more than the entire NBA), both tops in the league and leaps and bounds above other franchises, according to Forbes.

With 20 division championships, eight Super Bowl apperances and five wins, America's Team has always ranked among the most valuable franchises in the world of sports.

The three remaining NFC East Teams are also ranked in the Top 10 with the New York Giants coming in at No. 4 with a valuation of $1.47 billion.  The Philadelphia Eagles, the only NFC East team to not win a Super Bowl, is ranked seventh at $1.26 billion. See the entire NFL list here.

Imagine how much more the team could be worth if they'd won more than 1 playoff game since 1996.

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