Bills rank least valuable franchise according to Forbes

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America's Team was also the world's most valuable sports franchise - with a value of $4.8 billion, up 14 percent from a year ago.

Lucrative TV contracts for rising franchise values and labor deals with players help ensure team profitability, Forbes said.

Once again, the Cowboys were estimated to be the most valuable National Football League franchise, this time at $4.8 billion.

The Giants, worth $3.3 billion, ranked third in the NFL. Much of that can be attributed to rights fees and new stadiums or stadium renovations. Behind these teams we have European soccer giants - Manchester United, $3.69 billion; FC Barcelona, $3.64 billion; Real Madrid, $3.58 billion.

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Every team is worth at least a billion, with the Buffalo Bills last at US$1.6 billion.

The Miami Dolphins ranked #12 with a value of $2.575 billion and the Tampa Bay Buccaneers were ranked #28 at $1.975 billion, according to Forbes. The magazine estimates the Bills' value at $1.6 billion. With Mercedes-Benz Stadium opening this season, the Atlanta Falcons had the biggest year-to-year jump from 2016 to 2017.

Forbes lists the Bills' revenue at $352 for previous year, with an operating income of $53.

Globally, according to Forbes' rankings of July, the Cowboys are followed by baseball's New York Yankees at US$3.7 billion, a figure the Patriots have now tied.

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