While people may dream of owning their own NFL teams, most are perfectly content with just taking bets on the NFL. Unlike owning a team in the National Football League, a good bookie pay per head service will most definitely not cost you $2.86 billion. NFL Teams’ Value are definitely not cheap.
$2.86 billion is what you will need to own an NFL team. And this is a good price for anyone who would want to sell. This value is considerably higher than previous years, and experts are saying sports betting is a huge factor in this.
NFL Teams’ Value
Again, the average franchise cost is based on a recent analysis by Forbes. And since the PASPA repeal last May, that amount, which is the franchise valuation is a product of an 11% growth since last year. Of course, the value of each team varies. You will have top teams such as the Dallas Cowboys, who top the list at $5.5 billion. The Cowboys have $950 in revenue, which is more than any sports team in the country has earned. This is their 13th year to top the list. The most affordable team to buy are the Buffalo Bills, and they could be yours for $1.9 billion.
And since sports betting in the US is not completely underway, the numbers could still rise. As more and more states legalize sports betting, and as they allow online wagering, tv ratings could increase. Advertising will follow. Other factors, like merchandise, sponsorships, partnerships, and other marketing efforts will also increase the value of the NFL teams.
And while these brands are increasing in value, viewership increases across the country. More and more wagers are being placed, both by professional bettors, and recreational bettors. Regardless of their reasons to place bets, it’s a fact that getting into sports betting is getting easier and easier. This you could easily know from sports betting news. This is especially true with online betting being allowed in some states.
And if you don’t want to spend billions on a team, go for a more affordable option, and run your own sportsbook. The best sportsbook pay per head provider won’t be charging you millions, for sure.
