Levi's stadium helps 49ers increase financial value

Levi's stadium helps 49ers increase financial value
July 18, 2014, 1:45 pm
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Levi's Stadium holds 68,500 seats, and will be the site for Super Bowl 50. (USATSI)

On Thursday, San Francisco 49ers team president Jed York unveiled the $1.2 billion new home of the team.

This upcoming season, the 49ers will play their home games at Levi's Stadium in Santa Clara.

Last year, the team reached a 20-year, $220 million naming rights deal with Levi Strauss. 

As a result, Forbes Magazine has ranked the 49ers as the 20th most valuable sports team in the world.

Although San Francisco occupied a higher spot (17th ) in 2013, the team's value did increase this year. The 49ers are currently worth $1.224 billion.    

 

 

Forbes Top 50 List

 

1. Real Madrid

 

2. Barcelona

 

3. Manchester United

 

4. New York Yankees

 

5. Dallas Cowboys

 

6. Los Angeles Dodgers

 

7. Bayern Munich

 

8. New England Patriots

 

9. Washington Redskins

 

10. New York Giants

 

11. Boston Red Sox

 

12. Houston Texans

 

13. New York Knicks

 

14. New York Jets

 

15. Los Angeles Lakers

 

16. Arsenal

 

17. Philadelphia Eagles

 

18. Chicago Bears

 

19. Baltimore Ravens

 

20. San Francisco 49ers

 

*21. Chicago Cubs 

 

*21. Ferrari

 

*21. Indianapolis Colts

 

24. Green Bay Packers

 

25. Denver Broncos

 

26. Toronto Maple Leafs

 

27. Pittsburgh Steelers

 

28. Seattle Seahawks

 

29. Miami Dolphins

 

30. Tampa Bay Buccaneers

 

31. Carolina Panthers

 

32. Tennessee Titans

 

33. Kansas City Chiefs

 

34. Minnesota Vikings

 

35. Cleveland Browns

 

36. New Orleans Saints

 

37. Chicago Bulls

 

*37. San Francisco Giants

 

39. Philadelphia Phillies

 

40. Arizona Cardinals

 

41. San Diego Chargers

 

42. Atlanta Falcons

 

43. Cincinnati Bengals

 

44. Detroit Lions

 

*45. Boston Celtics

 

*45. St. Louis Rams

 

47. Buffalo Bills

 

48. Chelsea

 

49. Manchester City

 

50. AC Milan 

 

*Tied, teams are valued the same