The World's Most Valuable Sports Teams

Spanish soccer team Real Madrid topped Forbes' annual list of the most valuable sports teams in the world for the third straight year. Forbes says the figures are enterprise values based on current stadium deals. The average team value for the list is $1.75 billion, up 31% from 2014. The rise in valuations are due to the increased wealth of NBA and MLB teams.

The World's Most Valuable Sports Teams

1. Real Madrid

$3.26 billion

T-2. Dallas Cowboys

$3.2 billion

T-2. New York Yankees

$3.2 billion

4. Barcelona

$3.16 billion

5. Manchester United

$3.1 billion

T-6. Los Angeles Lakers

$2.6 billion

T-6. New England Patriots

$2.6 billion

8. New York Knicks

$2.5 billion

T-9. Los Angeles Dodgers

$2.4 billion

T-9. Washington Redskins

$2.4 billion

11. Bayern Munich

$2.35 billion

T-12. Boston Red Sox

$2.1 billion

T-12. New York Giants

$2.1 billion

T-14. Chicago Bulls

$2 billion

T-14. San Francisco Giants

$2 billion

16. Houston Texans

$1.85 billion

T-17. Chicago Cubs

$1.8 billion

T-17. New York Jets

$1.8 billion

19. Philadelphia Eagles

$1.75 billion

T-20. Boston Celtics

$1.7 billion

T-20. Chicago Bears

$1.7 billion

T-22. Los Angeles Clippers

$1.6 billion

T-22. San Francisco 49ers

$1.6 billion

T-24. Baltimore Ravens

$1.5 billion

T-24. Brooklyn Nets

$1.5 billion

26. Denver Broncos

$1.45 billion

T-27. Indianapolis Colts

$1.4 billion

T-27. St. Louis Cardinals

$1.4 billion

29. Manchester City

$1.39 billion

30. Green Bay Packers

$1.38 billion

31. Chelsea

$1.37 billion

T-32. Ferrari

$1.35 billion

T-32. New York Mets

$1.35 billion

T-32. Pittsburgh Steelers

$1.35 billion

35. Seattle Seahawks

$1.33 billion

36. Arsenal

$1.31 billion

T-37. Golden State Warriors

$1.3 billion

T-37. Los Angeles Angels

$1.3 billion

T-37. Miami Dolphins

$1.3 billion

T-37. Toronto Maple Leafs

$1.3 billion

41. Washington Nationals

$1.28 billion

T-42. Carolina Panthers

$1.25 billion

T-42. Houston Rockets

$1.25 billion

T-42. Philadelphia Phillies

$1.25 billion

45. Tampa Bay Buccaneers

$1.23 billion

46. Texas Rangers

$1.22 billion

47. Miami Heat

$1.18 billion

48. Tennessee Titans

$1.16 billion

T-49. Atlanta Braves

$1.15 billion

T-49. Dallas-Mavericks

$1.15 billion

T-49. Minnesota Vikings

$1.15 billion