Buffalo Bills not among Forbes' 50 most valuable sports teams

Last fall, Kim and Terry Pegula purchased the Buffalo Bills for $1.4 billion.

Forbes published its annual list of the 50 most valuable sports teams today, and the Bills aren't on it, despite the NFL collecting $1.4 billion for them when the team was sold last fall.

If Forbes had placed the Bills on the list at that value - which would have been sensible, because the Bills are literally worth $1.4 billion, because that's what someone paid for them - they'd have tied for 27th on the list, with the Indianapolis Colts and baseball's St. Louis Cardinals.

But then, Forbes may not have any idea what someone would pay for the Colts or the Cardinals, anyway, so the ranking is sort of moot from the start. It's difficult to know what rich people would pay for specific sports teams, which is why the Forbes list seems especially nonsensical now that we know the Bills' actual worth; the franchise was valued at $935 million last year, but clearly, several parties - not just the Pegulas - thought it was more valuable than that.

Let's use the release of this ranking, then, to simply revel in the fact that the Bills are in very safe hands with their owners, regardless of anything else.