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Forbes: Seahawks Worth Roughly $1 Billion

Forbes released its annual list of NFL franchise values and the results for the Seahawks were about par for the course.

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Seattle showed a slight drop in value (from $1.01 billion in 2008 to $989 million in 2009) , consistent with the first league-wise drop since Forbes began its survey.

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Forbes ranks the Seahawks as the 19th most valuable of the 32 NFL franchises and notes that last season’s on-field struggles contributed to season ticket renewal declines this summer.

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Nevertheless, the report indicates that the Seahawks are still worth more than five times the $194 million that owner Paul Allen paid for them in 1997. Dollar, dollar bills y’all.