Forbes list of the most valuable sports teams explained

The world's most valuable sports teams, as ranked annually by the American magazine Forbes, include teams from association football, American football, baseball, and basketball.

In 2016, the National Football League (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 current ranking came out on September 8, 2023.

Current ranking

2023 ranking!Rank!Team!Sport!League!Value
(USD billion)
1 Dallas CowboysAmerican footballNFL$9.20
2 New York YankeesBaseballMLB$7.10
3 Golden State WarriorsBasketballNBA$7.00
New England PatriotsAmerican footballNFL$7.00
5 Los Angeles RamsAmerican footballNFL$6.90
6 New York GiantsAmerican footballNFL$6.80
7 Chicago BearsAmerican footballNFL$6.30
8 Las Vegas RaidersAmerican footballNFL$6.20
9 New York KnicksBasketballNBA$6.10
New York JetsAmerican footballNFL$6.10
11 Real MadridAssociation footballLa Liga$6.07
12 Washington CommandersAmerican footballNFL$6.05
13 Manchester UnitedAssociation footballPremier League$6.00
San Francisco 49ersAmerican footballNFL$6.00
15 Los Angeles LakersBasketballNBA$5.90
16 Philadelphia EaglesAmerican footballNFL$5.80
17 Miami DolphinsAmerican footballNFL$5.70
18 BarcelonaAssociation footballLa Liga$5.508
19 Houston TexansAmerican footballNFL$5.50
20 LiverpoolAssociation footballPremier League$5.288
21 Denver BroncosAmerican footballNFL$5.10
22 Seattle SeahawksAmerican footballNFL$5.00
23 Manchester CityAssociation footballPremier League$4.99
24 Bayern MunichAssociation footballBundesliga$4.86
25 Los Angeles DodgersBaseballMLB$4.80
26 Atlanta FalconsAmerican footballNFL$4.70
27 Minnesota VikingsAmerican footballNFL$4.65
28 Baltimore RavensAmerican footballNFL$4.63
29 Pittsburgh SteelersAmerican footballNFL$4.625
30 Cleveland BrownsAmerican FootballNFL$4.62
31 Green Bay PackersAmerican footballNFL$4.6
32 Boston Red SoxBaseballMLB$4.50
33 Tennessee TitansAmerican footballNFL$4.40
34 Indianapolis ColtsAmerican footballNFL$4.35
35 Kansas City ChiefsAmerican footballNFL$4.30
36 Paris Saint-GermainAssociation footballLigue 1$4.21
37 Tampa Bay BuccaneersAmerican footballNFL$4.20
38 Los Angeles ChargersAmerican footballNFL$4.15
39 Chicago CubsBaseballMLB$4.10
Chicago BullsBasketballNBA$4.10
Carolina PanthersAmerican footballNFL$4.10
42 New Orleans SaintsAmerican footballNFL$4.075
43 Boston CelticsBasketballNBA$4.00
Jacksonville JaguarsAmerican footballNFL$4.00
45 FerrariRacingFormula One$3.90
Los Angeles ClippersBasketballNBA$3.90
47 MercedesRacingFormula One$3.80
Arizona CardinalsAmerican footballNFL$3.80
49 San Francisco GiantsBaseballMLB$3.70
Buffalo BillsAmerican footballNFL$3.70

Number one by year

Year Team Sport League Value (USD billion)
2023 Dallas CowboysAmerican footballNFL$9.000
2022$8.000
2021 $5.700
$5.500
$5.000
$4.800
$4.200
$4.000
Real Madrid$3.260
$3.440
$3.300
Manchester United$2.230
$1.860
$1.830

Previous rankings

2022

RankTeamSportLeagueValue(USD billion)
1 Dallas CowboysAmerican footballNFL$8.12
2 New England PatriotsAmerican footballNFL$6.40
3 Los Angeles RamsAmerican footballNFL$6.20
4 New York YankeesBaseballMLB$6.00
New York GiantsAmerican footballNFL$6.00
6 New York KnicksBasketballNBA$5.80
Chicago BearsAmerican footballNFL$5.80
8 Golden State WarriorsBasketballNBA$5.60
Washington CommandersAmerican footballNFL$6.05
10 Los Angeles LakersBasketballNBA$5.50
11 New York JetsAmerican footballNFL$5.40
12 San Francisco 49ersAmerican footballNFL$5.20
13 Real Madrid CFAssociation footballLa Liga$5.10
Las Vegas RaidersAmerican footballNFL$5.10
15 FC BarcelonaAssociation footballLa Liga$5.00
16 Philadelphia EaglesAmerican footballNFL$4.90
17 Houston TexansAmerican footballNFL$4.70
18 Denver BroncosAmerican footballNFL$4.65
19 Manchester UnitedAssociation footballPremier League$4.60
Miami DolphinsAmerican footballNFL$4.60
21 Seattle SeahawksAmerican footballNFL$4.50
22 LiverpoolAssociation footballPremier League$4.45
23 Bayern MunichAssociation footballBundesliga$4.28
24 Manchester CityAssociation footballPremier League$4.25
Green Bay PackersAmerican footballNFL$4.25
26 Los Angeles DodgersBaseballMLB$4.08
27 Atlanta FalconsAmerican footballNFL$4.00
28 Pittsburgh SteelersAmerican footballNFL$3.98
29 Minnesota VikingsAmerican footballNFL$3.93
30 Boston Red SoxBaseballMLB$3.90
Baltimore RavensAmerican footballNFL$3.90
32 Los Angeles ChargersAmerican footballNFL$3.88
33 Cleveland BrownsAmerican footballNFL$3.85
34 Chicago CubsBaseballMLB$3.80
Indianapolis ColtsAmerican footballNFL$3.80
36 Kansas City ChiefsAmerican footballNFL$3.70
37 Tampa Bay BuccaneersAmerican footballNFL$3.68
38 Chicago BullsBasketballNBA$3.65
39 Carolina PanthersAmerican footballNFL$3.60
40 New Orleans SaintsAmerican footballNFL$3.58
41 Boston CelticsBasketballNBA$3.55
42 San Francisco GiantsBaseballMLB$3.50
Tennessee TitansAmerican footballNFL$3.50
44 Jacksonville JaguarsAmerican footballNFL$3.48
45 Buffalo BillsAmerican footballNFL$3.40
46 Los Angeles ClippersBasketballNBA$3.30
47 Arizona CardinalsAmerican footballNFL$3.27
48 Brooklyn NetsBasketballNBA$3.20
Paris Saint-GermainAssociation footballLigue 1$3.20
50 ChelseaAssociation footballPremier League$3.10
Source:[1]

2020

Rank Team Sport League Value (USD billion)Growth (2019–20)
1 Dallas CowboysAmerican footballNFL$5.500 10%
2 New York YankeesBaseballMLB$5.000 9%
3 New York KnicksBasketballNBA$4.600 15%
4 Los Angeles LakersBasketballNBA$4.400 19%
5 Golden State WarriorsBasketballNBA$4.300 23%
6 Real MadridAssociation footballLa Liga$4.240 0%
7 New England PatriotsAmerican footballNFL$4.100 8%
8 FC BarcelonaAssociation footballLa Liga$4.020 0%
9 New York GiantsAmerican footballNFL$3.900 18%
10 Manchester UnitedAssociation footballPremier League$3.810 0%
11 Los Angeles RamsAmerican footballNFL$3.800 19%
12 San Francisco 49ersAmerican footballNFL$3.500 15%
13 Chicago BearsAmerican footballNFL$3.450 19%
14 Los Angeles DodgersBaseballMLB$3.400 3%
Washington Football TeamAmerican footballNFL 10%
16 Boston Red SoxBaseballMLB$3.300 3%
17 Chicago BullsBballNBA$3.200 10%
Chicago CubsBaseballMLB 3%
New York JetsAmerican footballNFL 12%
20 Boston CelticsBasketballNBA$3.100 11%
Houston TexansAmerican footballNFL 11%
San Francisco GiantsBaseballMLB 3%
23 Philadelphia EaglesAmerican footballNFL$3.050 11%
24 Bayern MunichAssociation footballBundesliga$3.020 0%
25 Denver BroncosAmerican footballNFL$3.000 13%
26 Las Vegas RaidersAmerican footballNFL$2.900 20%
27 Green Bay PackersAmerican footballNFL$2.850 8%
28 Pittsburgh SteelersAmerican footballNFL$2.800 8%
29 Seattle SeahawksAmerican footballNFL$2.780 8%
30 Miami DolphinsAmerican footballNFL$2.760 7%
31 Atlanta FalconsAmerican footballNFL$2.755 6%
32 Baltimore RavensAmerican footballNFL$2.750 6%
33 Minnesota VikingsAmerican footballNFL$2.700 13%
34 Manchester CityAssociation footballPremier League$2.690 0%
35 Indianapolis ColtsAmerican footballNFL$2.650 11%
36 Los Angeles ClippersBasketballNBA$2.600 18%
37 ChelseaAssociation footballPremier League$2.580 0%
38 Brooklyn NetsBasketballNBA$2.500 6%
Los Angeles ChargersAmerican footballNFL 10%
40 Houston RocketsBasketballNBA$2.480 8%
41 Carolina PanthersAmerican footballNFL$2.400 4%
Dallas MavericksBasketballNBA 8%
New York MetsBaseballMLB 4%
44 Jacksonville JaguarsAmerican footballNFL$2.330 12%
45 Kansas City ChiefsAmerican footballNFL$2.300 10%
46 New Orleans SaintsAmerican footballNFL$2.280 10%
47 ArsenalAssociation footballPremier League$2.270 0%
48 Arizona CardinalsAmerican footballNFL$2.250 5%
49 St. Louis CardinalsBaseballMLB$2.200 5%
Tampa Bay BuccaneersAmerican footballNFL
Source[2]

2019

Rank Team Sport League Value (USD billion)Growth (2018–19)
1 Dallas CowboysAmerican footballNFL$5.000 4%
2 New York YankeesBaseballMLB$4.600 15%
3 Real MadridAssociation footballLa Liga$4.240 4%
4 FC BarcelonaAssociation footballLa Liga$4.020 −1%
5 New York KnicksBasketballNBA$4.000 11%
6 Manchester UnitedAssociation footballPremier League$3.810 −8%
7 New England PatriotsAmerican footballNFL$3.800 3%
8 Los Angeles LakersBasketballNBA$3.700 12%
9 Golden State WarriorsBasketballNBA$3.500 13%
10 New York GiantsAmerican footballNFL$3.300 0%
Los Angeles DodgersBaseballMLB 10%
12 Boston Red SoxBaseballMLB$3.200 14%
Los Angeles RamsAmerican footballNFL 7%
14 Washington RedskinsAmerican footballNFL$3.100 0%
Chicago CubsBaseballMLB 7%
16 San Francisco 49ersAmerican footballNFL$3.050 0%
17 Bayern MunichAssociation footballBundesliga$3.020 −1%
18 San Francisco GiantsBaseballMLB$3.000 5%
19 Chicago BearsAmerican footballNFL$2.900 2%
Chicago BullsBasketballNBA 12%
21 New York JetsAmerican footballNFL$2.850 4%
22 Houston TexansAmerican footballNFL$2.800 0%
Boston CelticsBasketballNBA 12%
24 Philadelphia EaglesAmerican footballNFL$2.750 4%
25 Manchester CityAssociation footballPremier League$2.690 9%
26 Denver BroncosAmerican footballNFL$2.650 2%
27 Green Bay PackersAmerican footballNFL$2.630 3%
28 Atlanta FalconsAmerican footballNFL$2.600 5%
29 Baltimore RavensAmerican footballNFL$2.590 4%
30 Pittsburgh SteelersAmerican footballNFL$2.585 5%
31 Seattle SeahawksAmerican footballNFL$2.580 6%
32 ChelseaAssociation footballPremier League$2.580 25%
33 Miami DolphinsAmerican footballNFL$2.580 0%
34 Oakland RaidersAmerican footballNFL$2.420 2%
35 Minnesota VikingsAmerican footballNFL$2.400 0%
36 Indianapolis ColtsAmerican footballNFL$2.380 0%
37 Brooklyn NetsBasketballNBA$2.350 2%
38 Houston RocketsBasketballNBA$2.300 5%
Carolina PanthersAmerican footballNFL 0%
New York MetsBaseballMLB 10%
41 Los Angeles ChargersAmerican footballNFL$2.280 0%
42 ArsenalAssociation footballPremier League$2.270 1%
43 Dallas MavericksBasketballNBA$2.225 18%
44 Los Angeles ClippersBasketballNBA$2.200 2%
45 LiverpoolAssociation footballPremier League$2.180 12%
46 Arizona CardinalsAmerican footballNFL$2.150 0%
47 Kansas City ChiefsAmerican footballNFL$2.100 0%
St. Louis CardinalsBaseballMLB 11%
49 Jacksonville JaguarsAmerican footballNFL$2.080 0%
50 New Orleans SaintsAmerican footballNFL$2.080 4%
Source[3]

2018

Rank Team Sport League Value (USD billion)Growth (2017–18)
1 Dallas CowboysAmerican footballNFL$4.800 14%
2 Manchester UnitedAssociation footballPremier League$4.123 12%
3 Real MadridAssociation footballLa Liga$4.088 14%
4 FC BarcelonaAssociation footballLa Liga$4.064 12%
5 New York YankeesBaseballMLB$4.000 08%
6 New England PatriotsAmerican footballNFL$3.700 09%
7 New York KnicksBasketballNBA$3.600 09%
8 Los Angeles LakersBasketballNBA$3.300 10%
New York GiantsAmerican footballNFL 06%
10 Golden State WarriorsBasketballNBA$3.100 19%
Washington RedskinsAmerican footballNFL 05%
12 Bayern MunichAssociation footballBundesliga$3.063 13%
13 San Francisco 49ersAmerican footballNFL$3.050 02%
14 Los Angeles DodgersBaseballMLB$3.000 09%
Los Angeles RamsAmerican footballNFL 03%
16 Chicago CubsBaseballMLB$2.900 08%
17 San Francisco GiantsBaseballMLB$2.850 08%
Chicago BearsAmerican footballNFL 06%
19 Boston Red SoxBaseballMLB$2.800 04%
Houston TexansAmerican footballNFL 08%
21 New York JetsAmerican footballNFL$2.750 0%
22 Philadelphia EaglesAmerican footballNFL$2.650 06%
23 Chicago BullsBasketballNBA$2.600 04%
Denver BroncosAmerican footballNFL 08%
25 Miami DolphinsAmerican footballNFL$2.575 08%
26 Green Bay PackersAmerican footballNFL$2.550 09%
27 Boston CelticsBasketballNBA$2.500 14%
Baltimore RavensAmerican footballNFL 09%
29 Atlanta FalconsAmerican footballNFL$2.475 16%
30 Manchester CityAssociation footballPremier League$2.474 19%
31 Pittsburgh SteelersAmerican footballNFL$2.450 09%
32 Seattle SeahawksAmerican footballNFL$2.425 09%
33 Minnesota VikingsAmerican footballNFL$2.400 09%
34 Oakland RaidersAmerican footballNFL$2.380 13%
35 Indianapolis ColtsAmerican footballNFL$2.375 09%
36 Brooklyn NetsBasketballNBA$2.300 28%
Carolina PanthersAmerican footballNFL 11%
38 Los Angeles ChargersAmerican footballNFL$2.275 09%
39 ArsenalAssociation footballPremier League$2.238 16%
40 Houston RocketsBasketballNBA$2.200 33%
41 Los Angeles ClippersBasketballNBA$2.150 07%
Arizona CardinalsAmerican footballNFL 06%
43 New York MetsBaseballMLB$2.100 05%
Kansas City ChiefsAmerican footballNFL 12%
45 Jacksonville JaguarsAmerican footballNFL$2.075 06%
46 ChelseaAssociation footballPremier League$2.062 12%
47 Tennessee TitansAmerican footballNFL$2.050 02%
48 New Orleans SaintsAmerican footballNFL$2.000 14%
49 Tampa Bay BuccaneersAmerican footballNFL$1.975 10%
50 Cleveland BrownsAmerican footballNFL$1.950 05%
Source[4]

2017

RankTeamSportLeagueValue (USD billion)Growth (2016–17)
1 Dallas CowboysAmerican footballNFL$4.20 billion 5%
2 New York YankeesBaseballMLB$3.70 9%
3 Manchester UnitedAssociation footballPremier League$3.69 11%
4 FC BarcelonaAssociation footballLa Liga$3.64 2%
5 Real MadridAssociation footballLa Liga$3.58 -2%
6 New England PatriotsAmerican footballNFL$3.40 6%
7 New York KnicksBasketballNBA$3.30 10%
8 New York GiantsAmerican footballNFL$3.10 11%
9 Los Angeles LakersBasketballNBA$3.00 11%
San Francisco 49ersAmerican footballNFL$3.00 11%
11 Washington RedskinsAmerican footballNFL$2.95 4%
12 Los Angeles RamsAmerican footballNFL$2.90N/A
13 Los Angeles DodgersBaseballMLB$2.75 6%
New York JetsAmerican footballNFL$2.75 10%
15 Bayern MunichAssociation footballBundesliga$2.71 1%
16 Boston Red SoxBaseballMLB$2.70 10%
Chicago BearsAmerican footballNFL$2.70 17%
18 Chicago CubsBaseballMLB$2.68 22%
19 San Francisco GiantsBaseballMLB$2.65 18%
20 Golden State WarriorsBasketballNBA$2.60 4%
Houston TexansAmerican footballNFL$2.60 37%
22 Chicago BullsBasketballNBA$2.50 4%
Philadelphia EaglesAmerican footballNFL$2.50 9%
24 Denver BroncosAmerican footballNFL$2.40 24%
25 Miami DolphinsAmerican footballNFL$2.38 28%
26 Green Bay PackersAmerican footballNFL$2.35 21%
27 Baltimore RavensAmerican footballNFL$2.30 19%
28 Pittsburgh SteelersAmerican footballNFL$2.25 18%
Seattle SeahawksAmerican footballNFL$2.25 19%
30 Boston CelticsBasketballNBA$2.20 38%
Minnesota VikingsAmerican footballNFL$2.20 5%
32 Indianapolis ColtsAmerican footballNFL$2.18 16%
33 Atlanta FalconsAmerican footballNFL$2.13 27%
34 Oakland RaidersAmerican footballNFL$2.10 47%
35 Manchester CityAssociation footballPremier League$2.083 8%
36 Los Angeles ChargersAmerican footballNFL$2.08 36%
37 Carolina PanthersAmerican footballNFL$2.075 33%
38 Arizona CardinalsAmerican footballNFL$2.025 31%
39 Los Angeles ClippersBasketballNBA$2.00 34%
New York MetsBaseballMLB$2.00 0%
41 Tennessee TitansAmerican footballNFL$2.00 21%
42 Jacksonville JaguarsAmerican footballNFL$1.95 32%
43 ArsenalAssociation footballPremier League$1.93 -4%
44 Kansas City ChiefsAmerican footballNFL$1.88 23%
45 Cleveland BrownsAmerican footballNFL$1.85 23%
46 ChelseaAssociation footballPremier League$1.85 11%
47 Brooklyn NetsBasketballNBA$1.80 19%
St. Louis CardinalsBaseballMLB$1.80 6%
Tampa Bay BuccaneersAmerican footballNFL$1.80 12%
50 Los Angeles AngelsBaseballMLB$1.75 16%
New Orleans SaintsAmerican footballNFL$1.75 31%
Source[5]

2016

RankTeamSportLeagueValue (USD billion)
1 Dallas CowboysAmerican footballNFL4.00
2 Real MadridAssociation footballLa Liga3.65
3 FC BarcelonaAssociation footballLa Liga3.55
4 New York YankeesBaseballMLB3.40
5 Manchester UnitedAssociation footballPremier League3.32
6 New England PatriotsAmerican footballNFL3.20
7 New York KnicksBasketballNBA3.00
8 Washington RedskinsAmerican footballNFL2.85
9 New York GiantsAmerican footballNFL2.80
10 Los Angeles LakersBasketballNBA2.70
San Francisco 49ersAmerican footballNFL
Source[6]

2015

RankTeamSportCountryValue (USD billion)
1 Real Madrid Spain3.26
2 Dallas Cowboys United States3.2
New York Yankees United States
4 FC Barcelona Spain3.16
5 Manchester United3.1
6 Los Angeles Lakers United States2.6
New England Patriots United States
8 New York Knicks United States2.5
9 Los Angeles Dodgers United States2.4
Washington Redskins United States
Source[7]

2014

RankTeamSportCountryValue (USD billion)
1 3.44
2 3.2
3 2.81
4 2.5
5 2.3
6 2
7 1.85
8 1.8
9 1.7
10 1.55
Source[8]

2013

RankTeamSportCountryValue (USD billion)
1 Real Madrid Spain3.3
2 Manchester United3.165
3 FC Barcelona Spain2.6
4 New York Yankees United States2.3
5 Dallas Cowboys United States2.1
6 New England Patriots United States1.635
7 Los Angeles Dodgers United States1.615
8 Washington Redskins United States1.6
9 New York Giants United States1.468
10 Arsenal1.326
Source[9]

2012

RankTeamSportCountryValue (USD billion)
1 Manchester United2.23
2 Real Madrid Spain1.88
3 New York Yankees United States1.85
Dallas Cowboys United States
5 Washington Redskins United States1.56
6 Los Angeles Dodgers United States1.4
New England Patriots United States
8 FC Barcelona Spain1.31
9 New York Giants United States1.3
10 Arsenal1.29
Source[10]

2011

RankTeamSportCountryValue (USD billion)
1 Manchester United1.86
2 Dallas Cowboys United States1.81
3 New York Yankees United States1.7
4 Washington Redskins United States1.55
5 Real Madrid Spain1.45
6 New England Patriots United States1.37
7 Arsenal1.19
8 New York Giants United States1.18
9 Houston Texans United States1.17
10 New York Jets United States1.14
Source[11]

2010

RankTeamSportCountryValue (USD billion)
1 Manchester United1.83
2 Dallas Cowboys United States1.65
3 New York Yankees United States1.6
4 Washington Redskins United States1.55
5 New England Patriots United States1.36
6 Real Madrid Spain1.32
7 New York Giants United States1.18
8 Arsenal1.18
9 New York Jets United States1.17
10 Houston Texans United States1.15
Source[12]

See also

Notes and References

  1. Web site: Ozanian . Mike . September 8, 2022 . World's Most Valuable Sports Teams 2022 . January 19, 2023 . Forbes.
  2. Web site: Badenhausen. Kurt. The World's Most Valuable Sports Teams 2020. Forbes. en. July 31, 2020. July 31, 2020.
  3. Web site: Badenhausen. Kurt. The World's 50 Most Valuable Sports Teams 2019. Forbes. en. July 22, 2019. October 28, 2019.
  4. Web site: Full List: The World's 50 Most Valuable Sports Teams Of 2018. Badenhausen. Kurt. Forbes. en. 2018-12-28.
  5. Kurt . Badenhausen . Full List: The World's 50 Most Valuable Sports Teams 2017 . Forbes . July 12, 2017 . December 31, 2017.
  6. Dallas Cowboys Head The World's 50 Most Valuable Sports Teams Of 2016. Badenhausen. Kurt. July 13, 2016. July 17, 2016. Forbes.
  7. The World's 50 Most Valuable Sports Teams 2015. Badenhausen. Kurt. July 15, 2015. May 8, 2016. Forbes.
  8. Kurt . Badenhausen . The World's 50 Most Valuable Sports Teams 2014 . Forbes . July 16, 2014 . May 8, 2016.
  9. Badenhausen. Kurt. July 15, 2013. Real Madrid Tops The World's Most Valuable Sports Teams. Forbes. May 8, 2016.
  10. Badenhausen. Kurt. July 16, 2012. Manchester United Tops The World's 50 Most Valuable Sports Teams. Forbes. May 8, 2016.
  11. Badenhausen. Kurt. July 12, 2011. The World's 50 Most Valuable Sports Teams. Forbes. May 8, 2016.
  12. Ozanian. Michael K.. Badenhausen. Kurt. July 21, 2010. The World's Most Valuable Teams And Athletes. Forbes. May 8, 2016.