International football news
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Dortmund's Norwegian forward Erling Braut Haaland (L) celebrates with Dortmund's German forward Marco Reus scoring during the German Cup (DFB Pokal) final football match RB Leipzig v BVB Borussia Dortmund, in Berlin on May 13, 2021. - RESTRICTIONS: ACCORDING TO DFB RULES IMAGE SEQUENCES TO SIMULATE VIDEO IS NOT ALLOWED DURING MATCH TIME. MOBILE (MMS) USE IS NOT ALLOWED DURING AND FOR FURTHER TWO HOURS AFTER THE MATCH. == RESTRICTED TO EDITORIAL USE == FOR MORE INFORMATION CONTACT DFB DIRECTLY AT +49 69 67880 (Photo by ANNEGRET HILSE / POOL / AFP) / RESTRICTIONS: ACCORDING TO DFB RULES IMAGE SEQUENCES TO SIMULATE VIDEO IS NOT ALLOWED DURING MATCH TIME. MOBILE (MMS) USE IS NOT ALLOWED DURING AND FOR FURTHER TWO HOURS AFTER THE MATCH. == RESTRICTED TO EDITORIAL USE == FOR MORE INFORMATION CONTACT DFB DIRECTLY AT +49 69 67880 / RESTRICTIONS: ACCORDING TO DFB RULES IMAGE SEQUENCES TO SIMULATE VIDEO IS NOT ALLOWED DURING MATCH TIME. MOBILE (MMS) USE IS NOT ALLOWED DURING AND FOR FURTHER TWO HOURS AFTER THE MATCH. == RESTRICTED TO EDITORIAL USE == FOR MORE INFORMATION CONTACT DFB DIRECTLY AT +49 69 67880 (Photo by ANNEGRET HILSE/POOL/AFP via Getty Images)
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Dortmund's Norwegian forward Erling Braut Haaland (L) celebrates after shooting from the penalty spot to score his team's first goal 1:2 during the German first division Bundesliga football match between Borussia Dortmund and VfL Bochum in Dortmund, western Germany on April 30, 2022. - DFL REGULATIONS PROHIBIT ANY USE OF PHOTOGRAPHS AS IMAGE SEQUENCES AND/OR QUASI-VIDEO (Photo by INA FASSBENDER / AFP) / DFL REGULATIONS PROHIBIT ANY USE OF PHOTOGRAPHS AS IMAGE SEQUENCES AND/OR QUASI-VIDEO (Photo by INA FASSBENDER/AFP via Getty Images)
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Jarrod Bowen of West Ham United during the Premier League match between Leicester City and West Ham United at The King Power Stadium on February 13, 2022 in Leicester, United Kingdom.
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LONDON, ENGLAND - APRIL 07: Jarrod Bowen of West Ham United celebrates after scoring their sides first goal during the UEFA Europa League Quarter Final Leg One match between West Ham United and Olympique Lyon at Olympic Stadium on April 07, 2022 in London, England. (Photo by Mike Hewitt/Getty Images)
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Players of both teams stand behind an anti war banner prior to the friendly fund-raising football match BVB Borussia Dortmund v Dynamo Kyiv in Dortmund, western Germany, on April 26, 2022. - DFL REGULATIONS PROHIBIT ANY USE OF PHOTOGRAPHS AS IMAGE SEQUENCES AND/OR QUASI-VIDEO (Photo by Sascha Schuermann / AFP) / DFL REGULATIONS PROHIBIT ANY USE OF PHOTOGRAPHS AS IMAGE SEQUENCES AND/OR QUASI-VIDEO (Photo by SASCHA SCHUERMANN/AFP via Getty Images)
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Football legend Didier Drogba delivers a speech after being appointed as the World Health Organization's Goodwill Ambassador for Sports and Health at the WHO headquarters, in Geneva, Switzerland, October 18, 2021. Fabrice Coffrini/Pool via REUTERS
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Ajax's Dutch head coach Trainer Erik ten Hag leads a training session in Amsterdam on April 7, 2021, on the eve of the UEFA Europa League first leg quarter-final football match between Ajax Amsterdam and AS Roma. - Netherlands OUT (Photo by ROBIN VAN LONKHUIJSEN / ANP / AFP) / Netherlands OUT (Photo by ROBIN VAN LONKHUIJSEN/ANP/AFP via Getty Images)
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MANCHESTER, ENGLAND - MAY 16:  Karren Bardsley of Manchester City laddies team presents the Women's Super League 1 trophy to the Manchester City fans prior to the Premier League match between Manchester City and West Bromwich Albion at Etihad Stadium on May 16, 2017 in Manchester, England.  (Photo by Clive Mason/Getty Images)
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Ajax's Brazilian forward David Neres (L) celebrates with Ajax's Brazilian forward Antony after scoring his team's third goal during the UEFA Champions League Group C second leg football match between Ajax Amsterdam and Sporting CP at the Johan Cruyff Arena in Amsterdam on December 7, 2021. (Photo by Kenzo Tribouillard / AFP) (Photo by KENZO TRIBOUILLARD/AFP via Getty Images)
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CNN  — 

The Dallas Cowboys is the most valuable sports team in the world according to Forbes, worth a staggering $5 billion.

It’s the fourth consecutive year that the NFL outfit has topped the rankings, this year fending off competition from teams from the worlds of baseball, basketball and European soccer.

Owned by businessman Jerry Jones, the defending NFC East champions generate twice as much sponsorship and seating revenue at its AT&T Stadium than any other team.

Major League Baseball (MLB) outfit New York Yankees jumped up from fifth last year to second, with its value coming in at $4.6 billion – an annual increase of 15%.

READ: Earning $127 million, Lionel Messi tops Forbes list of highest paid athletes

Owned by Jerry Jones, the Dallas Cowboys are the most valuable sports team in the world.

Powerful NFL

Coming in at third place, Real Madrid is ranked as the most valuable soccer team in the world.

The Spanish side may have struggled on the field last season, finishing third in La Liga, but that had little impact on its financial power with its value increasing 4% to $4.2 billion.

Just behind is Madrid’s fierce rival Barcelona with the Catalan club worth $4.02 billion after winning the Spanish domestic league. NBA side New York Knicks make up the top five.

Forbes’ valuations suggest the NFL is the most powerful sports league in the world, accounting for more than half of the current top 50. This is due to rocketing broadcast contracts that cannot be compared to with other sports.

The MLB has seven teams in the list while the NBA has nine and European soccer eight.

“The values of teams in major sports leagues are booming thanks to sky-high TV deals, both local and national,” said Kurt Badenhausen, Senior Editor, Forbes Media.

“And with revenue growing faster than player salaries, franchises are more profitable than they have ever been.”

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Real Madrid is the most valuable soccer club in the world, according to Forbes.

The enterprise valuations are based on the team’s current stadium deals and takes into consideration clubs from the world of NFL, NHL, NBA, MLB, F1, soccer, and Nascar.

Incredibly, every NFL, NBA and MLB franchise is now worth at least $1 billion.