ARIZONA CARDINALS

Sportico ranks Cardinals No. 28 on list of most valuable NFL teams

Aug 7, 2022, 12:20 PM
(L-R) Owner Jerry Jones of the Dallas Cowboys talks with owner Michael Bidwill of the Arizona Cardi...
(L-R) Owner Jerry Jones of the Dallas Cowboys talks with owner Michael Bidwill of the Arizona Cardinals before the game at AT&T Stadium on January 02, 2022 in Arlington, Texas. (Photo by Richard Rodriguez/Getty Images)
(Photo by Richard Rodriguez/Getty Images)

Sportico released its 2022 NFL franchise valuations last week, and the average fair-market value rose 18% year-over-year to $4.14 billion.

Sixteen of 32 teams eclipsed $4 billion, and the Arizona Cardinals ranked No. 28 at $3.165 billion. That is an 18% increase from last year, although they were ranked No. 27 in 2021.

The Cardinals had a valuation of $2.69 billion in 2021 and $2.2 billion in 2020.

Arizona is valued ahead of the Buffalo Bills, Jacksonville Jaguars, Detroit Lions and Cincinnati Bengals this year.

Sportico’s valuations were determined by interviews with 30 bankers, lawyers, team executives, owners and consultants, as well as public financial documents.

The Cardinals placed No. 30 in revenue last season at $472 million, ahead of the Bengals and the Lions. They earned $353 million in 2020.

The Dallas Cowboys had the highest valuation in North American sports at $7.64 billion.

The most recent team to be purchased was the Denver Broncos for $4.65 billion this offseason. That placed them No. 10 and blew away other NFL franchise sales. The most recent purchase before Denver was the Carolina Panthers in 2018 for $2.28 billion.

Charles Bidwill bought the then-Chicago Cardinals in 1932 for $500,000, and the franchise has stayed in the family since.

Life Changer Loans

Arizona Cardinals

Carolina Panthers quarterback Baker Mayfield (6) sets back to pass during the first half of an NFL ...
Arizona Sports

Behind Enemy Lines: Panthers pass game still a concern before facing Cardinals

While the Panthers finally got their first victory of the season with a win over the Saints, the passing game remains a major issue.
1 day ago
Arizona Cardinals head coach Kliff Kingsbury, center, stands on the sidelines during the second hal...
Jordan Leandre

Football Outsiders down on Arizona Cardinals turning season around

The Arizona Cardinals will be without support from Football Outsiders in their quest to right the ship after a 1-2 start to the season.
1 day ago
Defensive tackle Rashard Lawrence #90 of the Arizona Cardinals lines up during the NFL game at Stat...
Tyler Drake

Arizona Cardinals DL Rashard Lawrence undergoes hand surgery

Cardinals DL Rashard Lawrence is out for Week 4 after undergoing hand surgery for an injury suffered in the team's Week 3 loss to the Rams.
1 day ago
Arizona Cardinals QB Kyler Murray (Jeremy Schnell/Arizona Sports)...
Tyler Drake

Cardinals’ Kyler Murray reiterates need for pass catchers to stay locked in

Given Cardinals quarterback Kyler Murray's ability to make things happen on the fly, his receivers must remain focused throughout each play.
1 day ago
Arizona Cardinals WR A.J. Green (Jeremy Schnell/Arizona Sports)...
Alex Weiner

Cardinals’ WR depth continues to be tested, Kingsbury confident in group

The Arizona Cardinals were down to four active wide receivers in the second half of Sunday's game against the Los Angeles Rams.
2 days ago
Arizona Cardinals head coach Kliff Kingsbury (Jeremy Schnell/Arizona Sports)...
Tyler Drake

Cardinals’ Kliff Kingsbury: ‘We have to figure out exactly who we are’

The Arizona Cardinals rolled out another inconsistent showing offensively in a Week 3 loss to the Los Angeles Rams.
2 days ago
Sportico ranks Cardinals No. 28 on list of most valuable NFL teams