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Forbes list of the most valuable sports teams
The world's most valuable sports teams, as ranked annually by the American magazine Forbes, includes teams from the National Football League (NFL), National Basketball Association (NBA), Major League Baseball (MLB), and several European association football leagues.
The world's most valuable sports teams, as ranked annually by the American magazine Forbes, includes teams from the National Football League (NFL), National Basketball Association (NBA), Major League Baseball (MLB), and several European association football leagues.
According to the latest ranking from December 18, 2025:
The Dallas Cowboys remain No. 1—as they have every year since 2016—but these days, America's Team is valued at a stratospheric $13 billion. Together, the 50 top teams are worth more than $353 billion, or an average of $7.1 billion each—up 22% from 2024 and more than double the mark from just four years ago.With that disparity, soccer now accounts for only four of the world's 50 most valuable teams—two clubs from Spain's La Liga and two from England's Premier League—down from seven in each of the past two years, with England's Manchester City, Germany's Bayern Munich and France's Paris Saint-Germain dropping off the list.MLB is also down to two representatives, after the Boston Red Sox fell out of the top 50, and the NHL, where the Toronto Maple Leafs reign at $4.4 billion, and MLS, where LAFC was No. 1 at $1.25 billion, are among the men's professional leagues that could not break into this year's ranking.No league, however, compares to the NFL, which has 30 of its 32 teams among the top 50—everyone except the $5.3 billion New Orleans Saints and the $5.25 billion Cincinnati Bengals.
Formula 1 returned to the ranking with two representatives, Ferrari and Mercedes, both of which were unranked in 2024.
The Buffalo Bills, Detroit Lions and Miami Heat entered the top 50, replacing the New Orleans Saints, Dallas Mavericks, Manchester City, Bayern Munich and Paris Saint-Germain from the previous year's ranking.
In 2016, the NFL's Dallas Cowboys simultaneously became both the first team to surpass $4 billion in value and the first non–association football team to top the ranking since its inception in 2010. Manchester United (2010–12) and Real Madrid (2013–15) have previously each been named the most valuable team three times. The Cowboys have remained the most valuable team every year since 2016, reaching a record valuation of $13 billion in 2025.
| Year | Team | Sport | League | Value (USD billion) |
|---|---|---|---|---|
| 2025 | Dallas Cowboys | American football | NFL | $13.0 |
| 2024 | $10.1 | |||
| 2023 | $9.0 | |||
| 2022 | $8.0 | |||
| 2021 | $5.7 | |||
| 2020 | $5.5 | |||
| 2019 | $5.0 | |||
| 2018 | $4.8 | |||
| 2017 | $4.2 | |||
| 2016 | $4.0 | |||
| 2015 | Real Madrid | Association football | La Liga | $3.26 |
| 2014 | $3.44 | |||
| 2013 | $3.30 | |||
| 2012 | Manchester United | Association football | Premier League | $2.23 |
| 2011 | $1.86 | |||
| 2010 | $1.83 |
| Rank | Team | Sport | League | Value (USD billion) |
|---|---|---|---|---|
| 1 | Dallas Cowboys | American football | NFL | 4.00 |
| 2 | Real Madrid | Association football | La Liga | 3.65 |
| 3 | FC Barcelona | Association football | La Liga | 3.55 |
| 4 | New York Yankees | Baseball | MLB | 3.40 |
| 5 | Manchester United | Association football | Premier League | 3.32 |
| 6 | New England Patriots | American football | NFL | 3.20 |
| 7 | New York Knicks | Basketball | NBA | 3.00 |
| 8 | Washington Redskins | American football | NFL | 2.85 |
| 9 | New York Giants | American football | NFL | 2.80 |
| 10 | Los Angeles Lakers | Basketball | NBA | 2.70 |
| San Francisco 49ers | American football | NFL |
| Rank | Team | Sport | Country | Value (USD billion) |
|---|---|---|---|---|
| 1 | Real Madrid | Association football | Spain | 3.26 |
| 2 | Dallas Cowboys | American football | United States | 3.2 |
| New York Yankees | Baseball | United States | ||
| 4 | FC Barcelona | Association football | Spain | 3.16 |
| 5 | Manchester United | Association football | England | 3.1 |
| 6 | Los Angeles Lakers | Basketball | United States | 2.6 |
| New England Patriots | American football | United States | ||
| 8 | New York Knicks | Basketball | United States | 2.5 |
| 9 | Los Angeles Dodgers | Baseball | United States | 2.4 |
| Washington Redskins | American football | United States |
| Rank | Team | Sport | Country | Value (USD billion) |
|---|---|---|---|---|
| 1 | Real Madrid | Association football | Spain | 3.44 |
| 2 | FC Barcelona | Association football | Spain | 3.2 |
| 3 | Manchester United | Association football | England | 2.81 |
| 4 | New York Yankees | Baseball | United States | 2.5 |
| 5 | Dallas Cowboys | American football | United States | 2.3 |
| 6 | Los Angeles Dodgers | Baseball | United States | 2 |
| 7 | Bayern Munich | Association football | Germany | 1.85 |
| 8 | New England Patriots | American football | United States | 1.8 |
| 9 | Washington Redskins | American football | United States | 1.7 |
| 10 | New York Giants | American football | United States | 1.55 |
| Rank | Team | Sport | Country | Value (USD billion) |
|---|---|---|---|---|
| 1 | Real Madrid | Association football | Spain | $3.3 |
| 2 | Manchester United | Association football | England | $3.165 |
| 3 | FC Barcelona | Association football | Spain | $2.6 |
| 4 | New York Yankees | Baseball | United States | $2.3 |
| 5 | Dallas Cowboys | American football | United States | $2.1 |
| 6 | New England Patriots | American football | United States | $1.635 |
| 7 | Los Angeles Dodgers | Baseball | United States | $1.615 |
| 8 | Washington Redskins | American football | United States | $1.6 |
| 9 | New York Giants | American football | United States | $1.468 |
| 10 | Arsenal | Association football | England | $1.326 |
| Rank | Team | Sport | Country | Value (USD billion) |
|---|---|---|---|---|
| 1 | Manchester United | Association football | England | $2.23 |
| 2 | Real Madrid | Association football | Spain | $1.88 |
| 3 | New York Yankees | Baseball | United States | $1.85 |
| Dallas Cowboys | American football | United States | ||
| 5 | Washington Redskins | American football | United States | $1.56 |
| 6 | Los Angeles Dodgers | Baseball | United States | $1.4 |
| New England Patriots | American football | United States | ||
| 8 | FC Barcelona | Association football | Spain | $1.31 |
| 9 | New York Giants | American football | United States | $1.3 |
| 10 | Arsenal | Association football | England | $1.29 |
| Rank | Team | Sport | Country | Value (USD billion) |
|---|---|---|---|---|
| 1 | Manchester United | Association football | 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 | 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 |
| Rank | Team | Sport | Country | Value (USD billion) |
|---|---|---|---|---|
| 1 | Manchester United | Association football | 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 | England | $1.18 |
| 9 | New York Jets | American football | United States | $1.17 |
| 10 | Houston Texans | American football | United States | $1.15 |
- Forbes list of the most valuable soccer teams
- Forbes list of the most valuable MLB teams
- Forbes list of the most valuable MLS clubs
- Forbes list of the most valuable NBA teams
- Forbes list of the most valuable NFL teams
- Forbes list of the most valuable NHL teams
- Major professional sports leagues in the United States and Canada#Franchise valuations
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