NFL Team ValuationsView Full ListPrevious/Next

#16 Minnesota Vikings

#16 Minnesota Vikings

Team Value
1
Enterprise value (equity plus net debt) of team based on current stadium deal (unless new stadium is pending).
$4.65BCalculated August 2023
Owner(s)
Wilf Family
Championships
0
Year Purchased
2005
Price Paid
$600M
Revenue
2
Net of stadium revenues used for debt payments.
$540M
Operating Income
3
Earnings before interest, taxes, depreciation and amortization.
$99M
Debt/Value
4
Includes stadium debt.
12%
Player Expenses
5
Includes benefits and bonuses.
$274M
Gate Receipts
6
Includes club seats.
$80M
Wins-to-player cost ratio
7
Compares the number of wins per player payroll relative to the rest of the NFL. Playoff wins count twice as much as regular season wins. A score of 120 means that the team had 20% more victories per-dollar of payroll compared with the league average.
136
Revenue per Fan
8
Local revenues divided by metro population, with populations in two-team markets divided in half.
$43
Metro Area Population
3.7M
Media partners
tv: Fox 9; radio: KFAN 100.3 FM, KTLK AM 1130
Revenues and operating income are for the 2022 season and net stadium debt service.
Footnotes
    Revenues and operating income are for the 2022 season and net stadium debt service.
  • 1. Enterprise value (equity plus net debt) of team based on current stadium deal (unless new stadium is pending).
  • 2. Net of stadium revenues used for debt payments.
  • 3. Earnings before interest, taxes, depreciation and amortization.
  • 4. Includes stadium debt.
  • 5. Includes benefits and bonuses.
  • 6. Includes club seats.
  • 7. Compares the number of wins per player payroll relative to the rest of the NFL. Playoff wins count twice as much as regular season wins. A score of 120 means that the team had 20% more victories per-dollar of payroll compared with the league average.
  • 8. Local revenues divided by metro population, with populations in two-team markets divided in half.
Minnesota went 13-4 in 2022, winning the NFC North before losing to the Giants in the Wild Card round. Despite the loss, 2022 marked the first Vikings' playoff appearance since 2019, the team's first year with Kirk Cousins under center. Looking forward, the division looks to be between the Vikings and the Lions, with Aaron Rodgers' move to the Jets and the Bears still trying to figure things out under third-year QB Justin Fields.
Valuation Breakdown
9. Portion of franchise's value attributable to revenue shared among all teams.
10. Portion of franchise's value attributable to its city and market size.
11. Portion of franchise's value attributable to its stadium.
12. Portion of franchise's value attributable to its brand.
Value Change
18%
1-YEAR CHANGE
12%
ANNUALIZED CHANGE
13
Current team value compared with latest transaction price.
13. Current team value compared with latest transaction price.
Historical
2023
Value1
Enterprise value (equity plus net debt) of team based on current stadium deal (unless new stadium is pending).
$4.7B
2023
$4.7B
2022
$3.9B
2021
$3.4B
2020
$3B
2019
$2.7B
2018
$2.4B
2017
$2.4B
2016
$2.2B
2015
$1.6B
2014
$1.2B
Revenue2
Net of stadium revenues used for debt payments.
$540M
2023
$540M
2022
$500M
2021
$365M
2020
$448M
2019
$427M
2018
$408M
2017
$392M
2016
$306M
2015
$281M
2014
$250M
Operating Income3
Earnings before interest, taxes, depreciation and amortization.
$99M
2023
$99M
2022
$141M
2021
-$9.7M
2020
$84M
2019
$65M
2018
$90M
2017
$105M
2016
$51.2M
2015
$34.5M
2014
$5.3M
Player Expenses5
Includes benefits and bonuses.
$274M
2023
$274M
2022
$231M
2021
$251M
2020
$246M
2019
$247M
2018
$218M
2017
$192M
2016
$168M
2015
$157M
2014
$162M
Win-to-Player Cost Ratio7
Compares the number of wins per player payroll relative to the rest of the NFL. Playoff wins count twice as much as regular season wins. A score of 120 means that the team had 20% more victories per-dollar of payroll compared with the league average.
136
2023
136
2022
91
2021
77
2020
132
2019
90
2018
168
2017
94
2016
136
2015
83
2014
58
1. Enterprise value (equity plus net debt) of team based on current stadium deal (unless new stadium is pending).
2. Net of stadium revenues used for debt payments.
3. Earnings before interest, taxes, depreciation and amortization.
5. Includes benefits and bonuses.
7. Compares the number of wins per player payroll relative to the rest of the NFL. Playoff wins count twice as much as regular season wins. A score of 120 means that the team had 20% more victories per-dollar of payroll compared with the league average.
Venue
U.S. Bank Stadium
Owner(s)
State of Minnesota
Concessionaire
Aramark
Year Opened
2016
Average Ticket Price
$117
Seating Capacity
66,200
Cost To Build
$1,100M
Major Sponsors
Fanatics
Hy-Vee
Land O'Lakes
Lumen Technologies
Medtronic
Molson Coors Brewing
Mystic Lake Casino Hotel
Pentair
Polaris Inc.
US Bancorp
Verizon Communications
Key Connections
Graphic of Minnesota Twins
Minnesota Twins
Graphic of Minnesota Wild
Minnesota Wild

More on Forbes

Also on forbes
The Rise Of Education Entrepreneurs In Minnesota
Viking Shares Climb 9% Following $1.5 Billion Public Debut
Eventful 2024 Offseason Nets Vikings Key Players Needed To Compete In NFC North
SportsMoney Team Valuations