Real Madrid have slipped to second behind NFL team the Dallas Cowboys as a soccer team does not top the Forbes World’s Most Valuable Sports Team List for the first time since 2011.
The Cowboys move up one place with an estimated value of $4bn (£3.02bn), up from $3.2bn (£2.4bn) last year, with Real - top of the list for the last three years - in second position, despite their value rising by almost 12.5 per cent to $3.65bn (£2.75bn).
Barcelona are up one spot to third at $3.55bn (£2.68bn), Manchester United - ranked first in 2011 and 2012 - stay fifth at $3.32bn (£2.5bn), and NFL team the San Francisco 49ers at $2.7bn (£2.04bn) rise 22 places to take 10th spot.
World’s Top 10 Most Valuable Sports Teams
|Team||Current value ($bn)||Sport||2015 rank|
|1. Dallas Cowboys||4.0||NFL||2|
|2. Real Madrid||3.65||Soccer||1|
|4. New York Yankees||3.4||MLB||2|
|5. Manchester United||3.32||Soccer||5|
|6. New England Patriots||3.2||NFL||6|
|7. New York Knicks||3.0||NBA||8|
|8. Washington Redskins||2.85||NFL||9|
|9. New York Giants||2.8||NFL||12|
|10. Los Angeles Lakers||2.7||NBA||6|
|=10 San Francisco 49ers||2.7||NFL||22|
|12. Bayern Munich||2.68||Soccer||11|
|28. Manchester City||1.92||Soccer||29|
|41. Liverpool||1.55||Soccer||Not listed|
The average current value of the top 50 most valuable teams is $2.2 billion (£1.66bn), which is the highest to date and a 25 per cent increase from last year. Cost of admission to the 2016 list is also the highest ever at $1.48bn (£1.12bn), up from $1.15bn a year ago.
Major League Baseball team the New York Yankees at $3.4bn (£2.56bn) and basketball franchise the New York Knicks at $3bn (£2.26bn) are the only non-soccer and non-NFL teams in the top 10.
NFL teams represent half of the top ten most valuable sports teams in the world, driven by lucrative broadcasting contracts. There are also a total of 27 NFL teams in the top 50, with eight soccer teams and the same number of NBA franchises. No ice hockey, Formula 1 or Nascar teams made the cut.