Minnesota Vikings see significant spike in value but still lag behind the top teams in the NFL

The Minnesota Vikings were purchased by Mark and Zygi Wilf in 2005 for a total of $600 million. Since then, the valuations of National Football League franchises have spiked significantly, and that's true of the Vikings as well.

Sportico announced the latest NFL valuations for each franchise and the Vikings are valued at $6.28 billion, an 18% growth from the previous year.

Minnesota Vikings worth $6.28 billion

It's a significant amount of money that the Vikings are worth, especially the 18% growth, which is nearly $1 billion in growth from what they were worth last year at $5.32 billion.

The intrigue here is that the Vikings are ranked 20th in the league at that $6.28 billion price point. How this value is calculated is noteworthy as well, as some teams own their stadiums and facilities, while others have leases at them.

The value of a franchise owner’s equity in team-related businesses that are distinct corporate entities, as well as government-assessed real estate related to venue, practice facilities and adjacent developments. Examples include Cowboys owner Jerry Jones’ 20% interest in Legends Hospitality, a stadium operations corporation; the Washington Commanders’ subsidiaries, which own nearly 400 acres split between 12 parcels near the team’s stadium and practice facility; and the F1 Miami Grand Prix, which Dolphins owner Stephen Ross has a 15-year contract to operate around Hard Rock Stadium.

The Vikings aren't the principal owners of U.S. Bank Stadium, but they do have an advantageous agreement to play at the stadium, plus the incredible facilities at TCO Performance Center, play a major role in their valuation.

As things currently sit, the Vikings are slightly behind the Tampa Bay Buccaneers and Green Bay Packers in valuation, while being right above the Los Angeles Chargers and Tennessee Titans. The Dallas Cowboys sit atop the list at $12.8 billion and the Cincinnati Bengals rank last at $5.5 billion.