Brought to you by WBIW News and Network Indiana
Last updated on Wednesday, July 17, 2013
(INDIANAPOLIS) - The Indianapolis Colts are Number 20 on the Forbes Magazine list of the world’s most valuable sports franchises.
The magazine values Indy's team at $1.1 billion dollars. That's one third of the value of the number one team on the list--the European soccer team Real Madrid.
But only 12 other NFL teams are ranked higher. And the Colts play in one of the smallest markets in the league.
Forbes gives credit to what it calls a sweetheart stadium deal, passionate fans and regular playoff appearances.
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