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NEW YORK -- The Dallas Cowboys are the first U.S. sports franchise to top $3 billion in value. For the eighth straight year, the Cowboys are worth the most of all 32 NFL franchises, according to Forbes. Theyre valued at $3.2 billion; only Real Madrid at $3.4 billion is worth more among global franchises. Dallas posted the NFLs highest revenue, $560 million, and operating income, $246 million. That was far ahead of second-place New England, worth $2.6 billion and with $428 million in revenues, $147 million in operating income. But the Patriots had the biggest increase since last year, up 44 per cent in value. Dallas was up 39 per cent. The average NFL franchise value for 2014 is $1.43 billion, the highest in the 17 years the business magazine has tracked professional football. That shows a 23 per cent increase, the largest in one year since 1999. Forbes determines team values using equity plus net debt figures, and accounts for each teams current stadium situation, with adjustments for pending new stadiums and renovations to existing ones. Washington ($2.4 billion) is third in value, increasing 41 per cent since the last rankings, and the New York Giants ($2.1 billion) are fourth. For the 2013 season, the average NFL team generated record revenue of $299 million and operating income of $53 million. Each franchise received a record $170 million of national revenue, mainly from league broadcasting and licensing fees. At the bottom are Buffalo, worth $935 million and currently for sale after owner Ralph Wilsons death, and St. Louis at $930 million. But every team increased in worth, the lowest rise being Arizona at 4 per cent. Its tough enough for the Blue Jays to be playing in the American League East to get even a sniff of the postseason. Then youve got to worry about the other up and coming teams in the two weaker divisions in the "Junior Circuit". If you had to peg one team whom the Blue Jays will have to reckon with in 2014, it would be Kansas City. The Royals finished with an 86-76 record a year ago and missed the playoffs. However that record was 12 games better than the Jays 74-88. One bad month really cost KC a spot in the playoffs a year ago. They went 8-20 in May. Every other month, they were over .500 including 17-10 in September. Kansas City scuffled a bit to score runs in 2013 averaging four per game, but the Blue Jays werent all that much better at 4.40 runs per game. The big difference was in runs allowed by the starting rotation and the bullpen. The Royals starters had an ERA of 3.87 to the Blue Jays 4.81 which was well above the American League average of 4.17. As highly touted as the Blue Jays bullpen was, its ERA of 3.37 was no match for the Royals 2.55. This is in part because of the Royals spacier ballpark, but KC only gave up 155 home runs over the course of the season to the Jays ugly total of 195. If you want to talk team speed, the Blue Jays stole 112 bases, which was better than the league average of 95, but the Royals were even better swiping 153. You could argue the Royals will be even better in 2014. Although they lost Ervin Santana as a free agent, they added durable lefty and former Angel Jason Vargas to plug into the rotation. They also have an elite closer in Greg Holland who saved 47 out of 50 a year ago and a workhorse starter to lead the rotation in James Shields, who through 228.2 innings last season. The Royals also upgraded at second base and right field. They filled a major hole at the keystone by signing former Tiger Omar Infante to a four-year deal worth $30.25 million and traded for speedy right fielder Norichika Aoki, who will take over as their leadoff hitter. KCs secret weapon might just be 22-year-old right-hander Yordano Ventura. Though only 511", he throws consistantly in high 90s and has been known to hit between 100 and 102mph on occasion. Hes already earned a spot in skipper Ned Yosts rotation and is being touted as one of the top candidates for rookie of the year. Since Pittsburgh made the playoffs last season, Kansas City and the Blue Jays are the two teams that have gone the longest between post-season appearances. The Royaals havent made it since they won the World Series over St.dddddddddddd. Louis in 1985. The Blue Jays of course, havent made it since winning their second straight World Series in 1993. The Blue Jays play the Royals seven times this season, from April 29 through May 1 in Missouri and then back in Toronto from May 29 through June 1. Those are seven games of their first 58 that could well prove whether the Jays are good enough to contend for a Wild Card spot, or which team of these two will wind up with the longest postseason drought when the 2014 season is all said and done. Around Spring Training Injuries turned right-hander Josh Johnson into arguably the biggest disappointment of the Blue Jays season a year ago. Unfortunately his luck hasnt changed much in San Diego. The 30-year-old right-hander is going to be out 4-to-5 weeks with a strained right forearm. Tough blow for the Texas Rangers. Their young second baseman Jurickson Profar is out 10 to 12 weeks with a slight muscle tear in his right shoulder. Profar was expected to shoulder the load at second since Ian Kinsler was dealt to Detroit as part of the Prince Fielder deal. Profar hasnt proven himself as a big league hitter yet, but his glove and arm are world class. Yes, its only spring training, but the Yankees have got to be a bit concerned that Derek Jeter is only hitting .114 and Mark Teixiera only .120. Great to see David Ortiz is probably going to end his career in Boston. After all hes been pretty much the face of the franchise for the last 10 years. Ortiz agreed over the weekend to a one-year, $15 million extension for 2015. He also has a vesting option for 2016 and there is a club option for 2017 by which time Ortiz will be 42 years old. Erik Bedard is looking for new gig. The 35-year-old southpaw and native of Navan, Ontario opted out of his deal with Tampa Bay after the fifth starters job went to 24-year-old Jake Odorizzi. Bedard just didnt want to go back to Triple-A at this stage of his career. Experienced Help We mentioned a couple of articles ago that a former Blue Jays third baseman, Roy Howell, was managing in Triple-A this season at Tacoma. Now another Ex-Jay, Tom Lawless, has taken over as interim manager at Oklahoma City in the Pacific Coast League. Lawless will be filling in for Ton DeFrancesco who was diagnosed with cancer while working in the parent Astros camp this spring