$1.3 Billion.

That's how much the Miami Dolphins are being valued by Forbes Magazine.

The Fins are ranked 16th of all NFL team's value.

Owner Stephen Ross bought the team for $1.1 billion back in 2009.

The Dolphins also getting approval from Miami-Dade County to renovate Sun Life Stadium.

As for other notable teams on the list, the Dallas Cowboys came in at #1 with a $3.2 Billion value.

The St. Louis Rams were ranked last, valued at $930,000.

Check out the full Forbes rankings by clicking here.