HOUSTON – The Houston Texans have moved from #7 to #9 on Forbes’ 2016 list of most valuable NFL teams.
The 2016 list was released on Wednesday, and the Texans were ranked #9 on the list, with a value of $2.6 billion.
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The change in rank on the list does not mean that the Texans have lost value; instead, there was a gain of $100 million from 2015.
Sport, market, stadium and brand are all taken into consideration when determining the value of each team. The Texans’ 14 consecutive sold-out seasons are the most by any professional sports team in Houston history.
According to Forbes, the revenue of the Texans for 2016 is $416 million with an operating income of $129 million.
The following are the Forbes top 10 most valuable teams in 2016:
Forbes contributes new stadiums and relocation as driving factors to explain why the NFL values are 19 percent higher this year. As for the Texans, the team value increased by 4 percent from last year.
The individual NFL team values for 2016 average around $2.34 billion.