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Yankees Rank 4th On Forbes' Most Valuable Teams List; Real Madrid No. 1

NEW YORK (CBSNewYork/AP) — Real Madrid tops Forbes' list of 50 most valuable sports teams, with Manchester United and Barcelona holding the next two spots.

Forbes says Real Madrid is worth $3.3 billion. The Spanish power moved up a spot from No. 2 last year.

Man United, which was No. 1 last year, is worth $3.17 billion. Barcelona, Real Madrid's fierce rival and Spanish League champions last season, is worth $2.6 billion.

The New York Yankees are fourth with a value of $2.3 billion and the Dallas Cowboys are fifth at $2.1 billion.

The New York Giants broke into the top-10, receiving a reported value of $1.468 billion, good enough for ninth place. The New York Jets are ranked 14th ($1.284 billion) and the New York Knicks are listed at 23rd ($1.1 billion).

Thirty of the 32 NFL teams made the list, along with seven baseball teams and seven soccer teams.

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