Forbes lists Dolphins as 35th most valuable sports franchise

The past decade has provided quite the return on investment for Miami Dolphins owner Stephen Ross. Ross, who bought the team in 2008, originally paid $1.1 billion to call the Miami Dolphins his. And today, according to Forbes, the Miami Dolphins have nearly tripled in value — they’re listed at a $2.9 billion evaluation for the 2021 year. Miami’s growth over the last five years is listed at 57%, fairly par for the course among other NFL franchises to reside in Forbes’ annual list of the most expensive franchises on the face of the planet.

The Dolphins are joined by a slew of other NFL franchises on the current list:

No. 1: Dallas Cowboys
No. 8: New England Patriots
No. 9: New York Giants
No. 13: Los Angeles Rams
No. 15: San Francisco 49ers
No. 17: New York Jets
No. 18: Chicago Bears
No. 19: Washington Football Team
No. 21: Philadelphia Eagles
No. 23: Houston Texans
No. 25: Denver Broncos
No. 29: Las Vegas Raiders
No. 30: Seattle Seahawks
No. 31: Green Bay Packers
No. 32: Pittsburgh Steelers
No. 33: Baltimore Ravens
No. 34: Minnesota Vikings
No. 35: Miami Dolphins

For as impressive as Miami’s growth and valuation is, the team is still sitting in the bottom half of valuations across the entire league — but there figures to be plenty of ground to gain if the Dolphins’ organization is able to climb into relevance once again on the league stage. Such improvement would provide more primetime exposure, more fanfare of the team’s young stars and a greater opportunity to recapture the passion of the South Florida market.

Success isn’t a guarantee of value, however — as Patrick Mahomes’ Kansas City Chiefs still sit below Miami. But it certainly can’t help and Miami’s home market has the support to fuel a rapid rise.

Only if the product on the field continues a rise of their own, however.