Raiders’ franchise valuation continues to increase

The Raiders continue to increase in value since relocating to Las Vegas from Oakland four years ago.

The franchise is worth $6.7 billion, according to Forbes’ annual team valuation list. That’s an increase of 8 percent over last year, but the Raiders dropped a spot from last year to seventh on the list of 32 NFL teams.

The Dallas Cowboys again were first at $10.1 billion, the first NFL team to surpass the $10 billion mark.

They were followed by the Los Angeles Rams ($7.6 billion), New England Patriots ($7.4 billion), New York Giants ($7.3 billion), New York Jets ($6.9 billion) and San Francisco 49ers ($6.8 billion).

Since 2015, the year before Las Vegas relocation talks began, the Raiders’ valuation has increased by $5.3 billion. They were ranked 31st that year at $1.4 billion.

For reference, the Detroit Lions are 31st this year with a valuation of $4.15 billion.

Since 2020, the first year the Raiders began playing at Allegiant Stadium, their value has increased by $3.6 billion.

The Raiders’ valuation was broken down with almost $3.7 billion attributed to revenue sharing, $1.1 billion tied to being in Las Vegas and its metro size of 2.3 million, nearly $1.4 billion to Allegiant Stadium and $471 million to the team’s brand.

Forbes noted that the Raiders pulled in $779 million in revenue and had an operating income of $115 million. Player expenses were $314 million, including benefits and bonuses.

Contact Mick Akers at makers@reviewjournal.com or 702-387-2920. Follow @mickakers on X.