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Silver Minings: Las Vegas’ value continues to explode

Forbes says Raiders are now worth $3.4 billion

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Oakland Raiders v Denver Broncos
Mark Davis
Photo by Justin Edmonds/Getty Images

The Las Vegas Raiders just get more valuable.

The team has yet to play a single down in front of any paying fans at the beautiful, new Allegiant Stadium, yet the value of the franchise continues to rise.

In a new valuation piece on all 32 NFL teams, Forbes estimates the Raiders are now worth $3.4 billion and are the 16th most valuable franchise in the NFL. In a valuation conducted in May, Forbes valued the Raiders at $3.1 billion.

That’s a pretty nice investment for Raiders’ owner Mark Davis, I’d say.

This simply reinforces the importance of the Raiders’ move to Las Vegas and into a new stadium. While they were in Oakland, Forbes routinely ranked the Raiders among the least valuable (and often the least valuable) teams in the NFL.

Now, the Raiders are real financial forces and it will only help the team moving forward. Here are the most valuable NFL franchises, according to Forbes:

In other Raiders’ links:

  • Tied at the hip: The Athletic has a look at Charles Woodson and Peyton Manning’s long journey together, which culminates when they both go into the Pro Football Hall of Fame on Sunday.
  • This is cool: Tom Flores and the great Carlos Santana get together before the coach goes into the Pro Football Hall of Fame this weekend.
  • Ruggs is ready: The Athletic writes how second-year Raiders’ wide receiver Henry Ruggs III is focused on having a big second NFL season.
  • Cornerback talk: The Athletic examines why Casey Hayward is starting over 2020 first-round pick Damon Arnette.
  • Breakfast of champions? The Raiders now have a new official team doughnut. OK.