The Dallas Cowboys are the most valuable team in the NFL for the 12th straight year, according to the franchise value rankings published by Forbes magazine on Thursday.
The publication said the Cowboys are worth $5 billion, $1.2 billion more than the second most-valuable team, the New England Patriots ($3.8 billion).
The New York Giants ($3.3 billion), Los Angeles Rams ($3.2 billion) and the Washington Redskins ($3.2 billion) round out the top five.
The average franchise value for a team in the league is now $2.