MIAMI -

The Miami Dolphins are the NFL's 16th most valuable franchise.

Forbes released their list of the most valuable teams on Wednesday.

The Dallas Cowboys top the list valued at $3.2 billion.

They're followed by the New England Patriots at $2.6 billion, Washington Redskins at $2.4 billion, and New York Giants at $2.1 billion.

The Dolphins team value is $1.3 billion.

Revenue for the team in 2013 was $281 million.