Real Madrid have struck the hat trick. Forbes magazine has named the Spanish football giants the world's most valuable sports club for the third year in a row.
It is also a consolation goal - Real Madrid have just come off a disappointing season as rivals Barcelona re-asserted themselves inLa Liga and Champions League.
American franchises dominate the top 50 list. Crowd favourite Manchester United have slipped from third to fifth.
The top 15 (NZ dollars): 1) Real Madrid (football) $4.95b 2) Dallas Cowboys (gridiron) $4.85b 2) New York Yankees (baseball) $4.85b 4) Barcelona (football) $4.79b 5)Manchester United (football) $4.7b 6) Los Angeles Lakers (basketball) $3.94b 6) New England Patriots (gridiron) $3.94b 8) New York Knicks (basketball) $3.79b 9) Los Angeles Dodgers (baseball) $3.64b 9) Washington Redskins (gridiron) $3.64b 11) Bayern Munich (football) $3.56b 12) Boston Red Sox (baseball) $3.18b 12) New York Giants (gridiron) $3.18b 14) Chicago Bulls (basketball) $3.03b 14) San Francisco Giants (baseball) $3.03b
Others... 29) Manchester City (football) $2.11b 31) Chelsea (football) $2.08b 32) Ferrari (motor racing) $2.05b 36) Arsenal (football) $1.99b 37) Toronto Maple Leafs (ice hockey) $1.97m
