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Commanders rank as 13th-most valuable NFL team. There’s no touching No. 1

By Jeff Clabaugh

The Washington Commanders rank as the 13th-most valuable NFL team, according to a new ranking of all 32 teams by CNBC.

The rankings are based on revenue, profit and percent of debt as value. By those measures, it values the Commanders at $6.25 billion, with $602 million in annual revenue, $137 million in earnings before interest, taxes, depreciation and amortization, and debt as a percentage value of 17%.

This is CNBC’s first ranking of NFL teams. In 2023, Forbes annual rankings had the Commanders No. 8, with a value of $6.06 billion.

Like the Forbes list, which consistently ranks the Dallas Cowboys No. 1, the Cowboys top the CNBC list with a team value of $11 billion. The Los Angeles Rams rank No. 2, followed by the New England Patriots, New York Giants and Las Vegas Raiders.

The Baltimore Ravens rank No. 21, with a team value of $6.03 billion. The Cincinnati Bengals are the least valuable, at $5.25 billion.

CNBC’s full inaugural list of NFL team value rankings is online.

Massachusetts court hears arguments in lawsuit alleging Meta designed apps to be addictive to kids

By The Associated Press
BOSTON (AP) — Massachusetts' highest court heard oral arguments Friday in the state's lawsuit arguing that Meta designed features on Facebook and Instagram to make them addictive to young users. The lawsuit, filed in 2023 by Attorney General Andrea Campbell, alleges that Meta did this to make a profit and that its actions affected hundreds of thousands of teenagers in Massachusetts who use the social media platforms. “We are making claims based only on the tools that Meta has developed because its own research shows they encourage addiction to the platform in a variety of ways,” said State Solicitor David Kravitz, adding that the state's claim has nothing to do the company's algorithms or failure to moderate content. Meta said Friday that it strongly disagrees with the allegations and is “confident the evidence will show our longstanding commitment to supporting young people.” Its attorney, Mark Mosier, argued in court that the lawsuit “would impose liabilities for performing traditional publishing functions” and that its actions are protected by the First Amendment.
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