NEW YORK — The Dallas Cowboys are worth $1.65 billion, the most of any U.S.-based sports franchise, according to Forbes magazine’s annual rankings.

The Cowboys lead the rankings for the third straight year and are worth $100 million more than the runner-up Washington Redskins. New England is third at $1.361 billion. In all, 19 teams are worth at least $1 billion.
Oakland has the least value, not even reaching half of Dallas’ worth. The Raiders are worth $797 billion, down 7 percent from the previous year.
Eight teams saw their value drop in this year’s rankings, and six had no change. The league average remains at $1.042 billion.

On the Net: http://www.forbes.com/nfl