NY teams remain among the most valuable sports franchises

Who are the most valuable football teams in the world according to Forbes?

This week, Forbes released their "World's 50 Most Valuable Sports Teams" ranking, and three Chicago sports organizations made the list, with two of those three coming in the top 20.

Yet the Premier League giants are still less valuable than American sporting behemoths the Dallas Cowboys and the New York Yankees according to the magazine.

So where do the Chi-teams fall?

The rankings are based on Forbes' analysis done over the a year ago for all NFL, NHL, NBA, MLB, soccer, NASCAR and Formula One teams. In those three years, the Cowboys are now worth a reported $4.1 billion, almost double that total, and now stand at No. 1, above Real Madrid, Barcelona and Manchester United.

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The average current value of the top most valuable teams is $2.5 billion, the highest to date.

The NFL wasn't the only league to experience a rise in value, as the cutoff to qualify increased 18 percent this year to $1.75 billion.

Madrid are valued as the world's fourth-richest sports team at $3.64bn, with their arch-rivals Barcelona not far behind on $3.64bn. German champions Bayern Munich are ranked in fifteenth place with a value of $2.71 billion.

The average current value of the top most valuable teams is $2.5 billion, the highest to date, the Associated Press reports, and an increase over previous year, when the average value was $2.2 billion. No Formula 1 teams made the cut, not even Mercedes after winning the F1 title previous year.

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