Texans and Rockets named as two of most valuable franchises in sports

Wednesday, July 24, 2019
HOUSTON, Texas -- Good news for the Houston Texans. In a postseason that's been marked by some minor controversy and upheaval, the team has scored a spot on a prestigious list.

A new ranking from Forbes magazine places the Texans at No. 22 among the most valuable sports teams on the planet. For 2019, the estimated value of the Texans is $2.8 billion - unchanged from 2018. The team, owned by Janice McNair, notched an operating income of $161 million in 2017, Forbes says.
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Elsewhere in Houston, the Houston Rockets tied with MLB's New York Mets and the NFL's Carolina Panthers at No. 38. Forbes estimates the value of the Rockets franchise at $2.3 billion, up 5 percent from 2018. Tilman Fertitta's team netted an operating income of $103 million in 2017. Exciting news for a franchise that still may be making major moves.

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