The Raiders’ value continues to skyrocket since relocating to Las Vegas with the team now reported to be worth $5.1 billion.

The Raiders have jumped from being the 31st-most valuable team out of the 32 NFL clubs to the ninth, according to the latest valuation reported by Forbes on Monday.

Between 2021 and 2022 alone, the Raiders’ value jumped from $3.4 billion to $5.1 billion — a 49-percent increase. That’s the biggest year-over-year increase of any NFL franchise.

Personal seat licenses for Raiders games at Allegiant Stadium sold out before the $2 billion facility was completed, netting the team $549 million. Those PSLs give the holders rights to buy season tickets each year. The Raiders last year generated $78 million in gross ticket revenue, which was tops in the NFL.

The team’s value has continued to climb since relocation chatter began in 2015, going from $2.1 billion in 2016 to $2.4 billion in 2017 and 2018, to $2.9 billion in 2019 and $3.1 billion in 2020.

The Dallas Cowboys are the most valuable franchise at $8 billion, followed by the New England Patriots ($6.4 billion), the Los Angeles Rams ($6.2 billion), the New York Giants ($6 billion) and the Chicago Bears ($5.8 billion) rounding out the top five.

On average NFL teams get 61.3 percent of their revenue from media deals, 10.2 percent from general seating, 10.1 percent from sponsorships and advertising, 9.4 percent from premium seating and 9 percent from other means, Forbes reported.

Contact Mick Akers at makers@reviewjournal.com or 702-387-2920. Follow @mickakers on Twitter.