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Cowboys most valuable NFL team at $2.1 billion US

The Dallas Cowboys have become the first American sports franchise worth more than $2 billion US, according to Forbes magazine.

Vikings soar 22 per cent, 49ers up 19 per cent

Dallas Cowboys owner Jerry Jones watches his team from the sidelines during NFL football practice at Cowboys Stadium, in May in Arlington, Texas. The team was recently valued at $2.1 billion US by Forbes. (LM Otero/Associated Press)

The Dallas Cowboys have become the first American sports franchise worth more than $2 billion US, according to Forbes magazine.

The NFL's most valuable team for the sixth consecutive year, the Cowboys saw their overall worth increase 14 per cent to $2.1 billion. That's about $1 billion higher than the average NFL team value, $1.11 billion, up 7 per cent.

New TV contracts, the collective bargaining agreement signed last year and lasting for a decade, and higher premium seating revenue contributed to the increases.

With new stadiums in the works for the Vikings and 49ers, their values skyrocketed. Minnesota had a 22 per cent increase to $975 million, while San Francisco moved up 19 per cent to $1.175 billion.

New England was second to Dallas in overall value at $1.635 billion.