The return of the Sky Bet Championship is now just weeks away and teams are splashing the cash on transfers in preparation.
Some big deals have been completed already, including Shea Charles to Southampton for £10.5 million, Harry Winks to Leicester City for £10 million, and Ellis Simms to Coventry City for £6.1 million.
Other clubs, meanwhile, have had to work with tighter budgets and have seen new additions come through the door for fees under the million mark and, in plenty of cases, on free transfers.
Teams have boosted their total squad market values considerably already and there are new leaders at the top and bottom of the charts following respective promotions and relegations.
With all of that in mind, here are all 24 clubs in the division ranked by their updated squad valuations, as well as the players with the highest values for each side.
9. 16th: Queens Park Rangers - £28.8 million
Most valuable player: Ilias Chair – £8.6 million | Getty Images
10. 15th: Preston North End - £35.4 million
Most valuable player: Freddie Woodman – £5.2 million | Getty Images
11. 14th: Birmingham City - £36.1 million
Most valuable player: Ethan Laird – £6.9 million | AFP via Getty Images
12. 13th: Cardiff City - £41.5 million
Most valuable player: Karlan Grant (on loan from West Brom) – £3.9 million | Getty Images