The Ravens are the 18th-most valuable sports franchise in the world, according to Forbes’ list of the World’s Most Valuable Sports Teams. The Ravens, who have made the playoffs the past four years and are owned by Steve Bisciotti, are valued at $1.09 billion dollars.

The NFL, as usual, was represented well on the Forbes list. All 32 teams were on the list of 50 organizations, including two of the top five.

According to the list, the Ravens are the 10th-most valuable NFL franchise, behind the Dallas Cowboys, Washington Redskins, New England Patriots, New York Giants, New York Jets, Houston Texans, Philadelphia Eagles, Chicago Bears and the Green Bay Packers.

Baltimore’s training camp kicks off July 23, with the first full practice set for July 26.

The full Forbes list can be viewed here.