America's Team Is Worth $4.2 Billion, Making It The World's Most Valuable Sports Franchise | KERA News

America's Team Is Worth $4.2 Billion, Making It The World's Most Valuable Sports Franchise

Jul 13, 2017

Five stories that have North Texas talking: America’s Team is worth a pretty penny; the choir at First Baptist Church of Dallas is behind Trump’s new anthem; step into a room of infinite mirrors; and more.

For the second year in a row, the Dallas Cowboys placed at the top of Forbes' annual rankings of the world’s 50 most valuable sports teams.

Owner Jerry Jones bought the Cowboys in 1989 for $150 million, including $10 million to cover deferred salaries, according to Forbes, and built America’s Team into a $4.2 billion franchise.

 

The New York Yankees ranked second — up from fourth a year ago — with a value of $3.7 billion. Next are three soccer clubs: Manchester United ($3.69 billion), Barcelona ($3.64) and Real Madrid ($3.58).

 

The rankings are based on Forbes' analysis done over the last year for all NFL, NHL, NBA, MLB, soccer, NASCAR and Formula One teams.

 

The average current value of the top most valuable teams is $2.5 billion, the highest to date, the Associated Press reports, and an increase over last year, when the average value was $2.2 billion. [Forbes, The Associated Press]

 

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  • Donald Trump’s campaign slogan has been fleshed out into a song, courtesy of a former minister of music at the First Baptist Church of Dallas. [The New York Times]
  • The Rainbow Lounge, the Fort Worth gay bar destroyed by fire last month, lost its longtime building, but will reopen in a large warehouse half a mile away. [Fort Worth Star-Telegram]
  • Researchers at UT Dallas have built a small, wearable sensor to detect a person’s risk for Type 2 diabetes using only sweat It could be a big deal — if it really works. [KERA News]
  • One of Japanese artist Yayoi Kusama’s iconic “Infinity Mirror” rooms called “All the Eternal Love I Have for the Pumpkins” will be making its North Texas debut this fall. [Art&Seek]

The High Five is KERA’s daily roundup of stories from Dallas-Fort Worth and across the state. Explore our archives here. And sign up for our weekly email for the North Texas news you need to know.