At the top of the list are the Dallas Cowboys, who maintain their position as the league's most valuable franchise, valued at $13 billion. The Los Angeles Rams rank second at $10.5 billion, followed by the New York Giants ($10.1 billion) and the New England Patriots ($9 billion).
The 49ers' $8.6 billion valuation marks a 26% increase from 2024, reflecting both the team's strong brand value and the NFL's surging financial growth. Forbes also reported that San Francisco generated $723 million in revenue over the past year, with an operating income of $115 million.
For the first time, all 32 NFL teams are valued at over $5 billion. The Cincinnati Bengals sit at the bottom of the list at $5.25 billion, while the average NFL franchise value now stands at $7.1 billion—a 25% year-over-year increase.
The 49ers enter the 2025 NFL season looking to rebound from a disappointing 6-11 campaign that ended their postseason streak.