The Dallas Cowboys were named the most valuable sports franchise in the world by Forbes on Wednesday, The Sporting News reports.
Valued at $4.8 billion, a 14 percent increase over last year’s $4.2 billion, the Cowboys have now topped the list for the third consecutive year.
“There has never been a better time to own a top-notch pro sports franchise,” Forbes senior editor Kurt Badenhausen said in a statement. “Blockbuster TV contracts and owner-friendly collective bargaining agreements are fueling record sale prices across major sports leagues.”
Unsurprisingly, the extensive global support that soccer attracts puts European soccer clubs in the next three spots on the list of the world’s 50 most valuable franchises. Manchester United, valued at $4.12 billion, land at No. 2; Real Madrid, valued at $4.09 billion, are No. 3; and Barcelona, valued at $4.06 billion are at No. 4.
Major League Baseball’s New York Yankees, who were the world’s second most valuable team according to last year’s list, dropped to No. 5 at $4 billion. Rounding out the top 10 are all American sports franchises. The New England Patriots came in at No. 6 worth 3.7 billion, followed by the New York Knicks at No. 7 and $3.6 billion, and the Los Angeles Lakers and the New York Giants both tied at No. 8 with a value of $3.3 billion, while the Golden State Warriors and the Washington Redskins also tied at the No. 10 spot worth $3.1 billion.