Under the watchful eye of Jimmy Haslam, the Cleveland Browns have enjoyed little success on the field. Off the field, however, the team is thriving financially.
Since Haslam bought the Browns for a little less than $1 billion in August 2012, the team's value has climbed by about 50%. In this time span, the team has accumulated a record of just 16-33.
Forbes released its annual NFL Valuations on Monday, placing the Browns' net value at $1.5 billion.
Out of 32 NFL franchises, the Browns placed just 25th.