Forbes: Real Madrid is world's most valuable sports team

The Real Madrid soccer club is the world's most valuable team, according to Forbes Magazine. (Getty Images)

Three soccer franchises top Forbes Magazine's annual list of the world's most valuable sports teams.

Real Madrid is worth $3.3 billion, surpassing former No. 1 Manchester United, which topped the list last year. Man United is second with a value of $3.165 billion and Barcelona, with a value of $2.6 billion, comes in third.

The New York Yankees ($2.3 billion) are baseball's highest value team and the Dallas Cowboys, at a value of $2.1 billion, were the top-ranked NFL team on the list for the sixth straight year.

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Real Madrid can add one more trophy to its case: It is now the world’s most valuable sports franchise, worth $3.3 billion, surpassing former No. 1 Manchester United. Los Blancos have the highest revenues of any team in sports ($650 million during the 2011-12 season), and revenues are up 62% over the last three years. Madrid’s operating income (earnings before interest, taxes, depreciation and amortization and player trading) of $134 million is second only to the NFL’s Dallas Cowboys among sports teams.