Here's How Much The Baltimore Ravens Are Worth In 2023

BALTIMORE, MD — As the Baltimore Ravens square off in their week one matchup against the Houston Texans, a new report shows the team and league are rolling in the big bucks.

The average NFL team is worth $5.1 billion, Forbes reported — 14 percent more than 2022, and a record high. The Ravens, meanwhile, saw their valuation increase 19 percent to $4.63 billion, according to the report.

The team ranks 17th in the NFL for its value. The Washington Commanders rank No. 8 for value among NFL teams, at $6.05 billion after their recent sale.

Ravens, By The Dollars

• Current value: $4.63 billion
• One-year change: 19 percent
• Debt/value: 6 percent
• Revenue: $544 million
• Operating income: $108 million

Commanders, By The Dollars

• Current value: $6.05 billion
• One-year change: 8 percent
• Debt/value: 17 percent
• Revenue: $545 million
• Operating income: $87 million

Perhaps the least surprising part of the report: the Dallas Cowboys were the most valuable team, at $9 billion, according to Forbes. “America’s Team” was the only NFL team to rake in more than $1 billion in revenue.

The Tennessee Titans saw the highest year-over-year increase in valuation, climbing a whopping 26 percent to $4.4 billion.

Here are the 10 most valuable NFL teams:

1. Dallas Cowboys ($9 billion)
2. New England Patriots ($7 billion)
3. Los Angeles Rams ($6.9 billion)
4. New York Giants ($6.8 billion)
5. Chicago Bears ($6.3 billion)
6. Las Vegas Raiders ($6.2 billion)
7. New York Jets ($6.1 billion)
8. Washington Commanders ($6.05 billion)
9. San Francisco 49ers ($6 billion)
10. Philadelphia Eagles ($5.8 billion)