That is according to the latest findings by the transfermarkt.co.uk website, which suggests Stags squad has decreased in value by 3.2 per cent.
Stockport County are said to have the most valuable squad at £5.94m.
Here is how much each squad is worth according to the website (run from lowest to highest). Let us know what you think of the valuations via our social media channels.
You can get all the latest Stags news here.
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Mansfield Town’s squad is now said to be worth £3.87m. Photo: Chris Holloway
. Notts County
£1.07m (+11.1%) Photo: Marc Atkins
. Accrington Stanley
£2.33m (+4.8%) Photo: Naomi Baker
. Crawley Town
£2.08m (-16.4%) Photo: Mike Hewitt
. Wrexham
£2.73m (+276.5%) Photo: Alex Livesey
. Barrow
£2.76m (+17.3%) Photo: Pete Norton
. Newport County
£2.91m (+6.3%) Photo: Ryan Hiscott
. Walsall
£2.95m (-2.8%) Photo: Pete Norton
. Tranmere Rovers
£2.97m (-4.1%) Photo: Lewis Storey
. Grimsby Town
£3.08m (-4%) Photo: Michael Regan
1. Notts County
£1.31m Photo: Marc Atkins
2. Crawley Town
£2.12m Photo: Mike Hewitt
3. Accrington Stanley
£2.42m Photo: Naomi Baker
4. Barrow
£2.81m Photo: Pete Norton