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Lore & Background

The Dallas Cowboys have been the most valuable team every year since 2016, reaching a record valuation of $13 billion in 2025. In 2016, the 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 NFL dominates the 2025 ranking, with 30 of its 32 teams among the top 50—everyone except the $5.3 billion New Orleans Saints and the $5.25 billion Cincinnati Bengals. Soccer accounts for only four of the world's 50 most valuable teams—two clubs from Spain's La Liga and two from England's Premier League—down from seven in each of the past two years, with England's Manchester City, Germany's Bayern Munich and France's Paris Saint-Germain dropping off the list. MLB is down to two representatives, after the Boston Red Sox fell out of the top 50. The NHL, where the Toronto Maple Leafs reign at $4.4 billion, and MLS, where LAFC was No. 1 at $1.25 billion, are among the men's professional leagues that could not break into this year's ranking. Formula 1 returned to the ranking with two representatives, Ferrari and Mercedes, both of which were unranked in 2024. The Buffalo Bills, Detroit Lions and Miami Heat entered the top 50, replacing the New Orleans Saints, Dallas Mavericks, Manchester City, Bayern Munich and Paris Saint-Germain from the previous year's ranking.

In Their Own Story

The Dallas Cowboys remain No. 1—as they have every year since 2016—but these days, America's Team is valued at a stratospheric $13 billion. Together, the 50 top teams are worth more than $353 billion, or an average of $7.1 billion each—up 22% from 2024 and more than double the mark from just four years ago. With that disparity, soccer now accounts for only four of the world's 50 most valuable teams—two clubs from Spain's La Liga and two from England's Premier League—down from seven in each of the past two years, with England's Manchester City, Germany's Bayern Munich and France's Paris Saint-Germain dropping off the list. MLB is also down to two representatives, after the Boston Red Sox fell out of the top 50, and the NHL, where the Toronto Maple Leafs reign at $4.4 billion, and MLS, where LAFC was No. 1 at $1.25 billion, are among the men's professional leagues that could not break into this year's ranking. No league, however, compares to the NFL, which has 30 of its 32 teams among the top 50—everyone except the $5.3 billion New Orleans Saints and the $5.25 billion Cincinnati Bengals. Formula 1 returned to the ranking with two representatives, Ferrari and Mercedes, both of which were unranked in 2024. The Buffalo Bills, Detroit Lions and Miami Heat entered the top 50, replacing the New Orleans Saints, Dallas Mavericks, Manchester City, Bayern Munich and Paris Saint-Germain from the previous year's ranking.

Reader's Guide

The Forbes ranking of the world's most valuable sports teams has been published annually since 2010. The Dallas Cowboys have been the most valuable team every year since 2016, reaching a record valuation of $13 billion in 2025. In 2016, the 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 2025 ranking from December 18, 2025, shows the NFL with 30 of its 32 teams among the top 50. The Buffalo Bills, Detroit Lions and Miami Heat entered the top 50 in 2025, replacing the New Orleans Saints, Dallas Mavericks, Manchester City, Bayern Munich and Paris Saint-Germain from the previous year's ranking.

Did You Know?

• The Dallas Cowboys have been the most valuable team every year since 2016.
• The Cowboys reached a record valuation of $13 billion in 2025.
• Manchester United (2010–12) and Real Madrid (2013–15) have each been named the most valuable team three times.
• The NFL has 30 of its 32 teams among the top 50 in the 2025 ranking.
• Formula 1 returned to the 2025 ranking with two representatives, Ferrari and Mercedes, both unranked in 2024.