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Forbes: Packers are world's 26th most valuable sports team

Forbes: Packers are world's 26th most valuable sports team
Posted at 3:29 PM, Jul 19, 2018
and last updated 2018-07-19 16:40:50-04

The Green Bay Packers are number 1 in their fan's hearts. They're number 26 in the financial world.

Forbes came out with their 2018 listings of the world's most valuable sports teams, and the Green Bay Packers held on to their No. 26 ranking from 2017.

The Packers, American major league pro sports' only non-profit stock corporation, are valued at $2.55 billion - more than 10 million times the $250 they paid as a second franchise fee to permanently remain in the NFL in 1922. The Packers' overall value rose nine percent between 2017 and 2018.

Still, that is nearly half the value of the world's most valuable sports franchise, the Dallas Cowboys at $4.8 billion. (Of course, the Packers have beaten the Cowboys in seven of their last eight meetings.)

Dallas is followed by Manchester United of the English Premier League (which will have Kohler's logo on it starting in 2018-19) at No. 2, with Spanish soccer clubs Real Madrid at No. 3, 4th-ranked Barcelona and the New York Yankees at No. 5.

12 NFL teams are financially more valuable than the Packers, including the Chicago Bears which rank No. 17.