Reporting Kai Jackson
BALTIMORE (WJZ)—The Baltimore Ravens are growing their value on the heels of a second Super Bowl victory! The team is now the ninth most valuable in the nation. It’s good news for fans but even better news for the city of Baltimore.
Kai Jackson has the big financial benefits that come when the Ravens do well.
Fans already knew the Ravens are successful on the field. Forbes Magazine says the Purple Birds are also scoring big points financially.
A nail-biting Super Bowl win by the Baltimore Ravens over the San Francisco 49ers this year still has fans riding a wave of excitement and ready for the new season.
“I am a diehard season ticket-holder since day one,” said Ashley Boehk.
Now fans have another reason to be proud of the Purple Birds. Forbes Magazine says the Ravens are the ninth most valuable franchise in the National Football League.
“They have a powerful fanbase and there are a lot of people that back them because they are a good team,” said Lamont Jones.
“The team value is very, very important to the team but the value that the team and the players and their success on the field bring to the region is invaluable,” said Mike Evitts, Downtown Partnership.
Those who work in bars and restaurants say having a billion dollar franchise like the Ravens means steady business during the season.
When the Ravens are in town, games are sold out, hotels and restaurants fill up and fans are spending money.
Forbes also says the two-time Super Bowl winning team is worth an estimated $1.2 billion, a six percent increase from last year.
“We’re looking for another Super Bowl run. Last year was great; it was a lot of fun. The businesses around here, they definitely benefited from it,” said Mad River manager Tyler Ell.
On average, NFL franchises are worth the most, followed by Major League Baseball, then the NBA.