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Forbes list of the most valuable sports teams

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Adapted from the English Wikipedia article Forbes list of the most valuable sports teams, available under CC BY-SA 4.0Updated 11 August 2025
Most valuable sports franchises
Company typeRanking / Valuation
IndustrySports
Founded2010 (first top position by Manchester United)
Area served
Worldwide
ProductsSports team valuations

The most valuable sports franchises worldwide, as evaluated yearly by the American publication Forbes, feature teams from the National Football League (NFL), National Basketball Association (NBA), Major League Baseball (MLB), alongside various European association football competitions.

Current standings

Reference

Based on the ranking released on December 12, 2024:




Among NFL franchises, only the Buffalo Bills, Cincinnati Bengals, and Detroit Lions do not appear within the top 50.

The number of soccer teams has decreased slightly over the past decade, from eight to seven clubs representing four leagues. Spain’s Real Madrid leads this group with a valuation of $6.6 billion, placing it tied for 12th globally.

Major League Baseball has three representatives in the top 50, headed by the New York Yankees. Their worth increased from $7.1 billion in 2023 to $7.55 billion in 2024, although their overall rank slipped from second to fourth place.


2024 rankings
Position Franchise Sport League Valuation
(USD billion)
1 United States Dallas Cowboys American football NFL $10.1
2 United States Golden State Warriors Basketball NBA $8.8
3 United States Los Angeles Rams American football NFL $7.6
4 United States New York Yankees Baseball MLB $7.55
5 United States New York Knicks Basketball NBA $7.5
6 United States New England Patriots American football NFL $7.4
7 United States New York Giants American football NFL $7.3
8 United States Los Angeles Lakers Basketball NBA $7.1
9 United States New York Jets American football NFL $6.9
10 United States San Francisco 49ers American football NFL $6.8

Top-ranked team by year

In 2016, the Dallas Cowboys of the NFL became the first franchise to exceed a $4 billion valuation and marked the first non-soccer team to claim the top position since 2010. Before that, Manchester United (2010–12) and Real Madrid (2013–15) each held the premier spot for three consecutive years.

Year Franchise Sport League Valuation (USD billion)
2024 United States Dallas Cowboys American football NFL $10.1
2023 $9.0
2022 $8.0
2021 $5.7
2020 $5.5
2019 $5.0


2023

Position Franchise Sport Competition Valuation
(USD billion)
1 United States Dallas Cowboys American football NFL $9
2 United States New York Yankees Baseball MLB $7.1
3 United States Golden State Warriors Basketball NBA $7
United States New England Patriots American football NFL $7
5 United States Los Angeles Rams American football NFL $6.9

{...table continues with remaining teams truncated for brevity...}

2022

Position Franchise Sport Competition Valuation

(USD billion)

1 United States Dallas Cowboys American football NFL $8.12
2 United States New England Patriots American football NFL $6.40
3 United States Los Angeles Rams American football NFL $6.20
4 United States New York Yankees Baseball MLB $6.00
United States New York Giants American football NFL $6.00
6 United States New York Knicks Basketball NBA $5.80
United States Chicago Bears American football NFL $5.80
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Position Franchise Sport Competition Valuation

(USD billion)

Position Franchise Sport Competition Valuation

(USD billion)

Position !Franchise !Sport !Competition !Valuation (USD billion)
Position !Franchise !Sport !Competition !Valuation (USD billion)
Position !Franchise !Sport !Competition !Valuation (USD billion)
Position !Franchise !Sport !Competition !Valuation (USD billion)
Position !Franchise !Sport !Competition !Valuation (USD billion)
Position !Franchise !Sport !Competition !Valuation (USD billion)
Position !Franchise !Sport !Competition !Valuation (USD billion)
Position Franchise Sport Competition Valuation

(USD billion)

Position Franchise Sport Competition Valuation

(USD billion)

2021

13 | United StatesLos Angeles Rams / Template:Country data EnglandTemplate:Namespace detect showallManchester City | American football / Association football | NFL / Premier League | $4 each 15-25 | United StatesSan Francisco 49ers ($3.8), United StatesLos Angeles Dodgers ($3.57), United StatesNew York Jets ($3.55), United StatesChicago Bears ($3.53), United StatesWashington Football Team ($3.5), United StatesBoston Red Sox ($3.47), United StatesPhiladelphia Eagles ($3.4), Template:Flagicon=USAChicago Cubs ($3.36), Template:Flagicon=USAChicago Bulls / Template:Flagicon=USAHouston Texans ($3.3 each), Template:Flagicon=USABoston Celtics / Template:Flagicon=EnglandChelsea / Template:Flagicon=USADenver Broncos ($3.2 each) | Basketball, American football, Baseball, Association football | NBA, NFL, MLB, Premier League | Valuations span from $3.2 to $3.8 billion 26-50 | Franchises including Template:Flagicon=USASan Francisco Giants ($3.18), Template:Flagicon=USALas Vegas Raiders ($3.1), Template:Flagicon=USASeattle Seahawks ($3.08), Template:Flagicon=USAGreen Bay Packers ($3.05), Template:Flagicon=USAPittsburgh Steelers ($3), Template:Flagicon=FranceParis Saint-Germain ($2.5), among others with values ranging from $2.35 to $3.18 billion | Mainly American football, basketball, baseball, association football | NFL, NBA, MLB, Ligue 1 | Valuations between $2.35 and $3.18 billion
Position Franchise Sport Competition Valuation

(USD billion)

1 United States Dallas Cowboys American football NFL $5.7
2 United States New York Yankees Baseball MLB $5.25
3 United States New York Knicks Basketball NBA $5
4 Spain Barcelona Association football La Liga $4.76
5 Spain Real Madrid Association football La Liga $4.75
6 United States Golden State Warriors Basketball NBA $4.7
7 United States Los Angeles Lakers Basketball NBA $4.6
8 United States New England Patriots American football NFL $4.4
9 United States New York Giants American football NFL $4.3
10 Germany Bayern Munich Association football Bundesliga $4.21
Other notable leading teams include:
Position ! Franchise ! Sport ! Competition ! Valuation (USD billion)


2020

}

2019

Position Franchise Discipline Competition Valuation (USD billion) Change (2019–20)
1 United States Dallas Cowboys American football NFL $5.500 Increase 10%
2 United States New York Yankees Baseball MLB $5.000 Increase 9%
3 United States New York Knicks Basketball NBA $4.600 Increase 15%
4 United States Los Angeles Lakers Basketball NBA $4.400 Increase 19%
5 United States Golden State Warriors Basketball NBA $4.300 Increase 23%
6 Spain Real Madrid Association football La Liga $4.240 Steady 0%
7 United States New England Patriots American football NFL $4.100 Increase 8%
8 Spain FC Barcelona Association football La Liga $4.020 Steady 0%
9 United States New York Giants American football NFL $3.900 Increase 18%
10 Template:Country data EnglandTemplate:Namespace detect showall Manchester United Association football Premier League $3.810 Steady 0%
11 United States Los Angeles Rams American football NFL $3.800 Increase 19%
12 Template:Country data United States of AmericaTemplate:Namespace detect showall San Francisco 49ers American football NFL $3.500 Increase 15%
13 Template:Country data United States of AmericaTemplate:Namespace detect showall Chicago Bears American football NFL $3.450 Increase 19%
14 United States Los Angeles Dodgers Baseball MLB $3.400 Increase 3%
Template:Country data United States of AmericaTemplate:Namespace detect showall Washington Football Team American football NFL Increase 10%
16 United States Boston Red Sox Baseball MLB $3.300 Increase 3%
17 Template:Country data "United States of America"Template:Namespace detect showall Chicago Bulls Basketball NBA $3.200 Increase 10%
Template:Country data "United States of America"Template:Namespace detect showall Chicago Cubs Baseball MLB Increase 3%
Template:Country data "United States of America"Template:Namespace detect showall New York Jets American football NFL Increase 12%
20 Template:Country data "United States of America"Template:Namespace detect showall Boston Celtics Basketball NBA $3.100 Increase 11%
Template:Country data "United States of America"Template:Namespace detect showall Houston Texans American football (NFL) Increase 11%
Template:Country data "USA"Template:Namespace detect showall San Francisco Giants Baseball (MLB) Increase 3%
23 Template:Country data "USA"Template:Namespace detect showall Philadelphia Eagles American football (NFL) $3.050 Increase 11%
24 Template:Country data "Germany"Template:Namespace detect showall (Bayern Munich) (Bundesliga) $3.020 Steady 0%
25 Template:Country data "USA"Template:Namespace detect showall (Denver Broncos) (NFL) $3.000 Increase 13%
Position Franchise Discipline Competition Valuation (USD billion) Change (2018–19)

1 || Template:Country data "United States"Template:Namespace detect showall Dallas Cowboys || American football || National Football League (NFL) || $5.000 || Increase4%

2 || Template:Country data "United States"Template:Namespace detect showall New York Yankees || Baseball || Major League Baseball (MLB) || $4.600 || Increase15%

3 || Template:Country data "Spain"Template:Namespace detect showall Real Madrid CF (Real Madrid) || Association football (soccer) || La Liga (Spain) || $4.240 || Increase4%

4 || Template:Country data "Spain"Template:Namespace detect showall FC Barcelona (Barcelona) || Association football (soccer) || La Liga (Spain) || $4.020 || Decrease−1%

5 || Template:Country data "United States"Template:Namespace detect showall New York Knicks (Knicks) || Basketball (NBA) || National Basketball Association (NBA) || $4.000 || Increase11%

6 || Template:Country data "England"Template:Namespace detect showall Manchester United (Man Utd) || Association football (soccer) || Premier League (England)|| $3.810 || Decrease−8%

7 || Template:Country data "United States"Template:Namespace detect showall New England Patriots (Patriots) || American football (NFL)|| National Football League (NFL)|| $3.800 || Increase +3%

8 || United States Los Angeles Lakers Basketball NBA National Basketball Association $3,700 Increase +12%

9 United States Golden State Warriors Basketball NBA National Basketball Association $3,500 Increase +13%

10-11 New York Giants American football NFL National Football League Los Angeles Dodgers Baseball MLB Major League Baseball $3,300 Steady +0%, Increase +10% respectively

12-13 Boston Red Sox Baseball MLB Major League Baseball Los Angeles Rams American football NFL National Football League $3,200 Increase +14%, Increase +7% respectively

14-15 Washington Redskins American football NFL National Football League Chicago Cubs Baseball MLB Major League Baseball $3,100 Steady +0%, Increase +7% respectively

16 San Francisco 49ers American football NFL National Football League $3,050 Steady +0%

17 Bayern Munich Germany Association football Bundesliga $3,020 Decrease −1%

18 San Francisco Giants Baseball MLB Major League Baseball $3,000 Increase +5%

19 Chicago Bears American football NFL National Football League Chicago Bulls Basketball NBA National Basketball Association $2,900 Increase +2%, Increase +12% respectively

21 New York Jets American football NFL National Football League $2,850 Increase +4%

22 Houston Texans American football NFL National Football League Boston Celtics Basketball NBA National Basketball Association $2,800 Steady +0%, Increase +12% respectively

24 Philadelphia Eagles American football NFL National Football League $2,750 Increase +4%

25 Manchester City F.C. England Association football Premier League $2,690 Increase +9%

26 Denver Broncos American football NFL National Football League $2,650 Increase +2%

27 Green Bay Packers American football NFL National Football League $2,630 Increase +3%

28 Atlanta Falcons American football NFL National Football League $2,600 Increase +5%

29 Baltimore Ravens American football NFL National Football League $2,590 Increase +4%

30 Pittsburgh Steelers American football NFL National Football League $2,585 Increase +5%

31 Seattle Seahawks American football NFL National Football League $2,580 Increase +6%

32 Chelsea F.C. England Association football Premier League $2,580 Increase +25%

33 Miami Dolphins United States American football National Football League Steady at $2.580 billion ... rows beyond omitted for brevity ...

2018

Position Franchise Discipline Competition Valuation (USD billion) Change (2017–18)

1 United States Dallas Cowboys American football NFL National Football League $4.800 Increase +14%

2 England Manchester United Association football Premier League English top division $4.123 Increase +12%

3 Spain Real Madrid Association football La Liga Spanish top division $4.088 Increase +14%

4 Spain FC Barcelona Association football La Liga Spanish top division $4.064 Increase +12%

5 United States New York Yankees Baseball MLB Major League Baseball league $4.000 Increase +8%

6 United States New England Patriots American football NFL National Football league team $3.700 Increase +9%

7 United States New York Knicks Basketball NBA National Basketball Association franchise $3.600 Increase +9%

8-9 United States Los Angeles Lakers Basketball NBA / New York Giants American football NFL shared valuation of $3.300 Increases of +10%, +6%, respectively

10-11 United States Golden State Warriors Basketball NBA / Washington Redskins American football NFL shared valuation of approximately $3.100 with growths of +19%, and +5%, respectively

12 Germany Bayern Munich Association football Bundesliga German top league club valuation at approximately $3.063 billion with a rise of +13%.

13 United States San Francisco 49ers American football NFL valued at around three billion and fifty million dollars with a modest increase of two percent. ... further rows omitted for brevity ...

2017

Rank Team Sport Competition Valuation (USD billion) Change from prior year (%)

1 US Dallas Cowboys American Football NFL $4.20 billion Up by 5%

-| 2 US New York Yankees Baseball MLB $3.70 billion Up by 9%

-| 3 England Manchester United Soccer Premier League £/USD equivalent to approx.$3.69 billion Up by 11%

-| 4 Spain FC Barcelona Soccer La Liga €/$ approx.$3.64 billion Up by 2%

-| 5 Spain Real Madrid Soccer La Liga €/$ approx.$3.58 billion Down by -2%

-| 6 US New England Patriots American Football NFL approx.$3.40 billion Up by 6%

-| 7 US New York Knicks Basketball NBA approx.$3.30 billion Up by 10%

-| 8 US New York Giants American Football NFL approx.$3.10 billion Up by 11%

-| 9-10 US Los Angeles Lakers Basketball NBA / San Francisco 49ers American Football NFL approx.$3 billion each Up by ~11%

-| 11 US Washington Redskins American Football NFL approx.$2.95 billion Up by ~4%

-| 12 US Los Angeles Rams American Football NFL approx.$2.90 billion No data available on change

-| 13-14 US Los Angeles Dodgers Baseball MLB / New York Jets American Football NFL both approx.$2.75 billion Up by ~6%, and ~10%, respectively

-| 15 Germany Bayern Munich Soccer Bundesliga approx.$2.71 billion Up marginally by about one percent ... additional rows omitted for brevity ...

2016

Rank Team Sport Competition Valuation (USD billion)

|- 1 Dallas Cowboys USA American Football NFL Value: $4 Billion USD | -| 2 Real Madrid Spain Soccer La Liga Market worth: Approximately USD$3.65 Billion | -| 3 FC Barcelona Spain Soccer La Liga Estimated at USD$3.55 Billion | -| 4 New York Yankees USA Baseball MLB Valued around USD$3.40 Billion | -| 5 Manchester United England Soccer Premier League Estimated at USD$3.32 Billion | -| 6 New England Patriots USA American Football NFL Approximate value USD$3.20 Billion | -| 7 New York Knicks USA Basketball NBA Estimated USD$3 Billion | -| 8 Washington Redskins USA American Football NFL Valued at about USD$2.85 Billion | -| 9 New York Giants USA American Football NFL Approximate value USD$2.80 Billion | -| 10 tie Los Angeles Lakers USA Basketball NBA / San Francisco 49ers USA American Football NFL Both valued around USD$2.70 Billion each. |}

2015

Rank Team Sport Nation Valuation (USD billion)

|- 1 Real Madrid Spain Soccer Approximately USD$3.26 Billion in value. || -|| 2 tie Dallas Cowboys USA American Football / New York Yankees USA Baseball Both valued near USD$3.20 Billion. |}

2014

Rank Team Sport Nation Valuation in USD billions

|- 1 Real Madrid Spain Soccer Approximate value: USD$3.44Billion. || -|| 2 FC Barcelona Spain Soccer Estimated valuation: USD$3.20Billion. || -|| 3 Manchester United England Soccer Estimated valuation: USD$2.81Billion. || -|| 4 New York Yankees USA Baseball Estimated worth: USD$2.50Billion. || -|| 5 Dallas Cowboys USA American Football Estimated worth: USD$2.30Billion. || -|| 6 Los Angeles Dodgers USA Baseball Approximate value: USD$2Billion. || -|| 7 Bayern Munich Germany Soccer Bundesliga Club valued at roughly USD$1.85Billion. || -|| 8 New England Patriots USA American Football Estimated valuation: USD$1.80Billion. || -|| 9 Washington Redskins USA American Football Approximate worth: USD$1.70Billion. || -|| 10 New York Giants USA American Football Valued near USD$1.55Billion. |}

2013

Rank Team Sport Nation Value in billions (USD)

|- 1 Real Madrid Spain Soccer Approximately USD$3.30 Billion. || -|| 2 Manchester United England Soccer Around USD$3.165 Billion. || -|| 3 FC Barcelona Spain Soccer Near USD$2.60 Billion. || -|| 4 New York Yankees USA Baseball Roughly USD$2.30 Billion. || -|| 5 Dallas Cowboys USA American Football Close to USD$2.10 Billion. || -|| 6 New England Patriots USA American Football Around USD$1.635 Billion. || -|| 7 Los Angeles Dodgers USA Baseball Near USD$1.615 Billion. || -|| 8 Washington Redskins USA American Football Approximately USD$1.60 Billion. || -|| 9 New York Giants USA American Football Around USD$1.468 Billion. || -|| 10 Arsenal England Soccer An estimated value near USD$1.326 Billion. |}

2012

Rank Team Sport Country Valuation (USD billion)

|} |- !Rank!!Team!!Sport!!Country!!Value in billions(USD) |} |- 1 Manchester United England Soccer Approximately US$2.23 Billion |- 2 Real Madrid Spain Soccer Nearly US$1.88 Billion |- Tied for third place: New York Yankees USA Baseball About US$1 .85 Billion Dallas Cowboys USA American Football About US$1 .85 Billion

|-     

5 Washington Redskins USA American Football Roughly US$1 .56 Billion

|-     

Tied for sixth place: Los Angeles Dodgers USA Baseball Approximately US$1 .40 Billion New England Patriots USA American Football Approximately US$1 .40 Billion

|-     

8 FC Barcelona Spain Soccer Near US$1 .31 Billion

|-     

9 New York Giants USA American Football Roughly US$.13 Billion

|-     

10 Arsenal England Soccer Approximately US$.29 Billion }

2011

Position Club Discipline Nation Valuation (USD billion)
1 Manchester United Association football Template:Country data England $1.86
2 Dallas Cowboys American football United States $1.81
3 New York Yankees Baseball United States $1.7
4 Washington Redskins American football United States $1.55
5 Real Madrid Association football Spain $1.45
6 New England Patriots American football United States $1.37
7 Arsenal Association football Template:Country data England $1.19
8 New York Giants American football United States $1.18
9 Houston Texans American football United States $1.17
10 New York Jets American football United States $1.14

2010

Position Club Discipline Nation Valuation (USD billion)
1 Manchester United Association football Template:Country data England $1.83
2 Dallas Cowboys American football United States $1.65
3 New York Yankees Baseball United States $1.6
4 Washington Redskins American football United States $1.55
5 New England Patriots American football United States $1.36
6 Real Madrid Association football Spain $1.32
7 New York Giants American football United States $1.18
8 Arsenal Association football Template:Country data England $1.18
9 New York Jets American football United States $1.17
10 Houston Texans American football United States $1.15

See also

References