After winning their second Super Bowl in seven years, the Philadelphia Eagles have seen its valuation move up within the 32 NFL owners, writes John George for the Philadelphia Business Journal.
The Eagles’ value is now ranked sixth in the NFL at $8.43 billion, according to digital content platform Sportico. This year’s ranking is two spots above last year’s ranking, when the team ranked eighth.
This is also a 25 percent increase from last year’s value of about $6.75 billion.
The Eagles switched spots with the New York Jets, who fell from sixth to eighth in the most recent rankings.
Sportico ranks NFL teams’ valuations based on the total market value of the franchise combined with the value of team-related businesses and real estate holdings.
According to Sportico, the average NFL franchise is now worth about $5.93 billion, representing a 15 percent increase over the last year.
Eagles owner and CEO Jeffrey Lurie acquired the team in 1994 for $195 million. His predecessor, Miami automobile dealership owner Norman Braman, made a $120 million profit on the deal.
Read more about the Eagles’ increased valuation and how the franchise fares amongst the 31 others in the NFL in the Philadelphia Business Journal.
_____
