Average NFL Team Value Rises 35% to $10.36 Billion After Seahawks Sale

According to CNBC, the average NFL team is now worth $10.36 billion, up 35% from a year earlier, after the Khosla family bought the Seattle Seahawks from the Paul G. Allen estate for $9.61 billion, a deal that closed Sept. 3. The Seahawks transaction was the most ever paid for an NFL team, 59% above the sale price of the Washington Commanders three years ago, and carried an enterprise value-to-revenue ratio of more than 14 based on team revenue of $677 million, according to people familiar with the sale. The deal also included more than $8 billion of equity, the most ever deployed in a single sports team purchase, according to a person with knowledge of the transaction. CNBC's Official NFL Team Valuations 2026 show five teams valued at more than $12 billion, led by the Dallas Cowboys at $16 billion, followed by the Los Angeles Rams at $14.5 billion, Las Vegas Raiders at $13 billion, New York Giants at $12.5 billion and New England Patriots at $12.25 billion. The NFL's national revenue is expected to rise to about $480 million per team this season, up 6% from 2025, while about a third of the league's franchises are set to open in new or renovated stadiums over the next few years.