3 of 5 Most Valuable Sports Teams Aren't American But the Cowboys are No. 1 By Newser Editors, Newser Staff Posted Jul 19, 2016 3:37 PM CDT 19 comments Comments Real Madrid's Karim Benzema celebrates a goal. (AP Photo/Daniel Ochoa de Olza, file) (Newser) – Forbes is out with its annual list of the most valuable sports franchises on the planet, and Americans might be surprised to see that three of the top five are soccer teams outside the US. Still, coming in at No. 1 were the Dallas Cowboys, while 27 of the teams in the top 50 hail from the NFL. Here are the top 10 franchises, their value, and the percentage change from last year: Dallas Cowboys, $4 billion, up 25% Real Madrid, $3.65 billion, up 12% Barcelona, $3.55 billion, up 12% New York Yankees, $3.4 billion, up 6% Manchester United, $3.32 billion, up 7% New England Patriots, $3.2 billion, up 23% New York Knicks, $3 billion, up 20% Washington Redskins, $2.85 billion, up 19% New York Giants, $2.8 billion, up 33% Los Angeles Lakers, $2.7 billion, up 4% Click for the full rankings.