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.
17. 8th: Blackburn Rovers - £49.1 million
Most valuable player: Tyrhys Dolan – £6.9 million | Getty Images
18. 7th: Sunderland - £49.4 million
Most valuable player: Jack Clarke – £10.3 million | Getty Images
19. 6th: Middlesbrough - £50.9 million
Most valuable player: Chuba Akpom – £10.3 million | Getty Images
20. 5th: Watford - £76 million
Most valuable player: Ismaïla Sarr – £17.2 million | Getty Images