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Broncos are 23rd most valuable sports franchise in the world

The Denver Broncos are tied with the Chicago Bulls as the 23rd most valuable sports franchise in the world.

Forbes released a list of the world’s 50 most valuable sports teams of 2018 and the NFL dominated with 29 of their clubs making the Top 50. The Dallas Cowboys took the top spot with a whooping $4.8 billion value.

Meanwhile, the Denver Broncos came in at 23rd, tied with the Chicago Bulls, with a healthy $2.6 billion valuation. That is up 8% over last year.

The value of NFL franchise has been exploding this decade with no clear end in sight.