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Forbes list of the most valuable sports teams

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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

The 2023 ranking.

RankTeamSportLeagueValue

(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

YearTeamSportLeagueValue (USD billion)
2023 Dallas CowboysAmerican footballNFL$9.000
2022$8.000
2021$5.700
2020$5.500
2019$5.000
2018$4.800
2017$4.200
2016$4.000
2015 Real MadridAssociation footballLa Liga$3.260
2014$3.440
2013$3.300
2012 Manchester UnitedAssociation footballPremier League$2.230
2011$1.860
2010$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

RankTeamSportLeagueValue (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

RankTeamSportLeagueValue (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

RankTeamSportLeagueValue (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)
1Real MadridAssociation football  Spain3.26
2Dallas CowboysAmerican football  United States3.2
New York YankeesBaseball  United States
4FC BarcelonaAssociation football  Spain3.16
5Manchester UnitedAssociation football  England3.1
6Los Angeles LakersBasketball  United States2.6
New England PatriotsAmerican football  United States
8New York KnicksBasketball  United States2.5
9Los Angeles DodgersBaseball  United States2.4
Washington RedskinsAmerican football  United States

Source[7]

2014

RankTeamSportCountryValue (USD billion)
1Real MadridAssociation football  Spain3.44
2FC BarcelonaAssociation football  Spain3.2
3Manchester UnitedAssociation football  England2.81
4New York YankeesBaseball  United States2.5
5Dallas CowboysAmerican football  United States2.3
6Los Angeles DodgersBaseball  United States2
7Bayern MunichAssociation football  Germany1.85
8New England PatriotsAmerican football  United States1.8
9Washington RedskinsAmerican football  United States1.7
10New York GiantsAmerican football  United States1.55

Source[8]

2013

RankTeamSportCountryValue (USD billion)
1Real MadridAssociation football  Spain3.3
2Manchester UnitedAssociation football  England3.165
3FC BarcelonaAssociation football  Spain2.6
4New York YankeesBaseball  United States2.3
5Dallas CowboysAmerican football  United States2.1
6New England PatriotsAmerican football  United States1.635
7Los Angeles DodgersBaseball  United States1.615
8Washington RedskinsAmerican football  United States1.6
9New York GiantsAmerican football  United States1.468
10ArsenalAssociation football  England1.326

Source[9]

2012

RankTeamSportCountryValue (USD billion)
1Manchester UnitedAssociation football  England2.23
2Real MadridAssociation football  Spain1.88
3New York YankeesBaseball  United States1.85
Dallas CowboysAmerican football  United States
5Washington RedskinsAmerican football  United States1.56
6Los Angeles DodgersBaseball  United States1.4
New England PatriotsAmerican football  United States
8FC BarcelonaAssociation football  Spain1.31
9New York GiantsAmerican football  United States1.3
10ArsenalAssociation football  England1.29

Source[10]

2011

RankTeamSportCountryValue (USD billion)
1Manchester UnitedAssociation football  England1.86
2Dallas CowboysAmerican football  United States1.81
3New York YankeesBaseball  United States1.7
4Washington RedskinsAmerican football  United States1.55
5Real MadridAssociation football  Spain1.45
6New England PatriotsAmerican football  United States1.37
7ArsenalAssociation football  England1.19
8New York GiantsAmerican football  United States1.18
9Houston TexansAmerican football  United States1.17
10New York JetsAmerican football  United States1.14

Source[11]

2010

RankTeamSportCountryValue (USD billion)
1Manchester UnitedAssociation football  England1.83
2Dallas CowboysAmerican football  United States1.65
3New York YankeesBaseball  United States1.6
4Washington RedskinsAmerican football  United States1.55
5New England PatriotsAmerican football  United States1.36
6Real MadridAssociation football  Spain1.32
7New York GiantsAmerican football  United States1.18
8ArsenalAssociation football  England1.18
9New York JetsAmerican football  United States1.17
10Houston TexansAmerican football  United States1.15

Source[12]

See also

References

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