Forbes Daily: Oil Crosses $100 Per Barrel As Middle East War Escalates
The NFL’s regular season returns tonight, and football has never been more lucrative.
The league’s 32 franchises are now worth more than $300 billion combined, according to this year’s Forbes list of the NFL’s Most Valuable Teams. As has been the case for two decades, the Dallas Cowboys once again hold the No. 1 spot, worth a record-breaking $17 billion. And this year, nearly a third of the league’s teams have enterprise values above $10 billion.
The momentum for the NFL is also showing up in recent deals, including the $9.6 billion that billionaire venture capitalist Vinod Khosla agreed to shell out for the Seattle Seahawks in a deal that was finalized last week.
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Global oil prices crossed $100 per barrel early on Wednesday, hitting the highest level seen since July, amid renewed escalation in fighting in the Middle East. Houthi........
