Selling American Airlines AAdvantage miles to third-party "mileage brokers" is technically a violation of the airline's terms and conditions, but in the gray market of 2026, these miles typically fetch between 1.1 and 1.5 cents per mile. For instance, a block of 100,000 miles might be sold for roughly $1,100 to $1,500. However, the actual "valuation" for legitimate redemptions is higher; NerdWallet and other financial experts value AA miles at approximately 1.3 to 1.7 cents when used for travel. If you choose to "sell" or "rent" your miles, you risk having your AAdvantage account permanently closed and your earned miles forfeited. A safer way to "cash out" is to use them for friends or family through your own account or to redeem them for high-value partner flights (like Qatar or JAL) where the effective value can exceed 2 cents per mile. Always be wary of sites promising cash for miles, as the airline uses sophisticated audits to track and ban accounts involved in these unauthorized transactions.