Special Report

The Sports Teams Worth the Most Money

5. Real Madrid (Spain), Soccer
> Value: $4.75 billion
> Owner(s): Club members
> Price paid: Not applicable
> Change in value since last purchase: Not applicable
> Last title: UEFA Champions League Winner, 2018

Founded in 1902, Real Madrid is one of three founding members of La Liga, Spain’s top soccer league. And it has stayed in the league ever since the league was established in 1929, winning a record 34 La Liga titles.

Source: David Ramos / Getty Images Sport via Getty Images

4. Barcelona (Spain), Soccer
> Value: $4.76 billion
> Owner(s): Club members
> Price paid: Not applicable
> Change in value since last purchase: Not applicable
> Last title: UEFA Champions League Winner, 2015

Like Real Madrid, Barcelona, F.C. co-founded La Liga in 1928, and has never fallen out of the league’s standings since. The Madrid team is considered the club’s arch rival.

Source: Nick Laham / Getty Images Sport via Getty Images

3. New York Knicks, NBA
> Value: $5 billion
> Owner(s): Madison Square Garden Sports
> Price paid: $300 million in 1997
> Change in value since last purchase: +$4.7 Billion
> Last title: NBA Champion, 1973

Established in 1946, the New York Knicks trace their name to the Dutch settlers in New York City in the 1600s, who wore pants rolled up below the knee known as “knickers” or “knickerbockers.” After a long drought, the team made the playoffs this year.

Source: Ezra Shaw / Getty Images

2. New York Yankees, MLB
> Value: $5.25 billion
> Owner(s): Steinbrenner family
> Price paid: $8.8 million in 1973
> Change in value since last purchase: +$5.2 Billion
> Last title: World Series Champion, 2009

With 27 World Series titles, the New York Yankees can claim to be MLB’s most winning franchise. Second place on the list are the St. Louis Cardinals, at a distant 11.

Source: Tom Pennington / Getty Images

1. Dallas Cowboys, NFL
> Value: $5.7 billion
> Owner(s): Jerry Jones
> Price paid: $150 million in 1989
> Change in value since last purchase: +$5.6 Billion
> Last title: Super Bowl Champion, 1995

Entering the NFL as an expansion team in 1960, the Dallas Cowboys have established themselves a premier club with five Super Bowl titles. The team’s popularity has earned them the nickname “America’s Team,” though fans of other teams will dispute that.