• The floodgates have opened for NFL franchises after the football league approved private equity to invest.

• Top 10 NFL teams are worth a combined $78 billion, with the Dallas Cowboys claiming the top spot.

• As the NFL season gets underway, here are the most valuable football teams in the league.

All eyes are on the NFL after it kicked off the new season on Thursday, with the Kansas City Chiefs defeating the Baltimore Ravens 27 to 20.

The NFL has seen a boom in popularity over the years, and now investors want a piece of it.

Owners of the 32 NFL teams recently voted to allow private equity investors to buy limited stakes in franchises, which could open the floodgates for soaring sports team valuations.

According to a new analysis from CNBC, the top 10 most highly valued NFL teams are worth a combined $78 billion. The analysis assessed a team’s franchise value based on revenues, profitability, and overall debt levels.

The average NFL football team is worth $6.49 billion, according to the analysis, with the most valuable team hitting an $11 billion valuation, while the lowest valued team, the Cincinnati Bengals, is worth $5.25 billion.

Here are the top 10 most valuable NFL football teams, according to CNBC.

10. Chicago Bears

Valuation: $6.4 billion
Revenue: $590 million
EBITDA: $103 million

9. Philadelphia Eagles

Valuation: $7 billion
Revenue: $669 million
EBITDA: $138 million

8. Miami Dolphins

Valuation: $7.1 billion
Revenue: $673 million
EBITDA: $160 million

7. New York Jets

Valuation: $7.35 billion
Revenue: $677 million
EBITDA: $145 million

6. San Francisco 49ers

Valuation: $7.4 billion
Revenue: $687 million
EBITDA: $138 million

5. Las Vegas Raiders

Valuation: $7.8 billion
Revenue: $780 million
EBITDA: $115 million

4. New York Giants

Valuation: $7.85 billion
Revenue: $723 million
EBITDA: $185 million

3. New England Patriots

Valuation: $7.9 billion
Revenue: $740 million
EBITDA: $250 million

2. Los Angeles Rams

Valuation: $8 billion
Revenue: $825 million
EBITDA: $243 million

1. Dallas Cowboys

Valuation: $11 billion
Revenue: $1.22 billion
EBITDA: $550 million

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