The Dallas Cowboys have once again finished atop Forbes' list of the NFL's most valuable teams, marking the 20th straight year they have held the No. 1 spot. Forbes' 2026 list puts the Cowboys at an estimated $17 billion, a figure that underscores just how far ahead they remain at the top of the league's financial ladder.
Forbes' 2026 ranking also shows the Los Angeles Rams in second place at $13.5 billion, followed by the New York Giants at $12 billion and the New England Patriots at $10.6 billion. Those numbers reflect the growing value across the league, but the Cowboys continue to stand alone at the top.
What the ranking shows
The early update makes clear that this year's list is another reminder of the scale of the league's biggest brands. The Cowboys' $17 billion valuation is not just first in the NFL; it is a wide gap over the teams behind them.
The rest of the top four also helps frame the bigger picture. The Rams, Giants and Patriots all remain among the league's most valuable franchises, but none has come close to matching the Cowboys' run at No. 1. The ranking is a snapshot of the NFL's financial hierarchy, and once again Dallas sits at the very top.
The source says the update will be expanded soon with more information and analysis, but the key takeaway is already clear: for the 20th year in a row, the Cowboys lead the NFL teams valuation list.
