Eagles 7th-most valuable franchise
The Eagles are the seventh-most valuable franchise in the NFL, according to Forbes' latest rankings.
Eagles 7th-most valuable franchise
Sheil Kapadia, Philly.com
The Eagles are the seventh-most valuable franchise in the NFL, according to Forbes' annual rankings.
The Birds rank behind the following six teams (in order): Cowboys, Redskins, Patriots, Giants, Texans, Jets. Every NFC East team is in the top seven, and the Eagles rank last among the four.
Jeffrey Lurie's franchise is worth $1.1 billion, and the Eagles saw no change in value from a year ago. Only five teams saw an increase in value: the Cowboys, 49ers, Texans, Colts and Saints. The Eagles were one of seven teams whose value did not change. The other 20 teams in the NFL saw their value decrease year-over-year.
The Eagles rank fifth in terms of revenue at $260M. Only the Cowboys, Redskins, Patriots and Texans earned more. The Birds ranked 13th in operating income at $34.7M.
Here's the write-up from Forbes:
The Eagles are off to a fresh start in 2010 after unloading their two biggest offensive stars of the past decade in a trade (QB Donovan McNabb) and an outright release (RB Brian Westbrook). Eagle fans are some of the most loyal in the NFL with season ticket renewals regularly exceeding 99%. The Eagles had the fifth highest revenues in the NFL last year ($260 million) thanks to $40 million in premium seating revenues and a $140 million stadium naming rights deal with Lincoln Financial. Yet with the opening of the New Meadowlands Stadium this year (home to the Giants and Jets), the Eagles will be looking up at all three of their NFC East rivals when it comes to finances. Revenues for the Cowboys, Redskins and Giants will all be among the top five in the NFL in 2010.
And some other notes:
* The Eagles' revenue increased $10M from $250M in 2009.
* The Eagles' player expenses are $141M. That's the highest number in the past decade (which is as far back as the data in the article goes). It's an $18M increase from player expenses in 2009. In 2008, the Eagles were at $131M. That includes benefits and bonuses.
* The Eagles' operating income dropped $14M from $49M in 2009.
* The Eagles ranked 12th in TV ratings, which were based on average rating in local market for regular season games from Nielsen.
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5th highest revenues, how many times have they been in the top 5 in payroll, like the Phillies are??? Yea, that's what I thought. If they kept score in "Salary Cap Bowl" victories, the Eagles under Lurie/Banner would be a DYNASTY.— Steveo31
Comment removed.- 13th in income though
Eagles franchise is one of the best in the biz. I love the orginazation, the fans, the linc and the players. It is time for Reid and Kolb to get that superbowl win.— briandawkins20- How the heck are the Texans number 4?— mjc1
"12th in local market TV ratings". What a huge dropoff! It must be a Dawk thing. Weasel Carpetbaggers will never understand Birds fans.........— Earl J- Can understand NYC teams, Boston-area team and Jerry Jones and Daniel Snyder money----but Houston!!!! Must be oil-money backing.— Romus
- Earl J----TV ratings are bogus-----fail to calculate the 'sports-bar effect'. Game days see our local sports bars from south Jersey to Delaware to Reading/Allentown bulge with phans. Stay at home veiwers are down due to that.— Romus
- Hey mjc1: The main reason Houston is higher than we are is because Houston has a larger population than Philadelphia by more than a half a million people. Houston is the 4th largest city in the county.You should read and broaden your horizons more. Here are the facts: NYC-8,391,881, LA-3,831,868, Chicago-2,851,268, Houston-2,257,926, Phoenix- 1,601,587 and then Philadelphia-1,547,297. With all the illegal immigration going on San Diego,Dallas and San Antonio should pass us in the next 10 years.— gt22777
- Plus the fact that big oil runs Houston. Also their new stadium "Reliant Stadium" brings in lots of revenue. It holds almost 72,000 seats and has lots of high priced luxury boxes.— gt22777
Why does anyone care about this stuff when the average Joe is being asked for hundreds of dollars to see a game? Lurie and his cohorts have managed to secure a great deal from the city, while the city is confiscating cupcake trucks and wanting to charge bloggers for extra revenue. And oh yeah, the guy who heads the housing dept. has cost the city hundreds of thousands to keep his females quiet. Can you say Twilight Zone.— Servo- @Steveo - there is no salary cap in baseball.— P Even
- Good point, Romus. I never thought of that.
- Eagles only 12th in TV ratings...that's real low.....maybe the stupid sick Vick signing turned more people off.— Bill20
I think in addition to Houston being a larger city, football is like religion in TX. HS games regularly get huge attendance.— Mabus
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