https://www.forbes.com/sites/brettknight/2025/12/18/the-worlds-50-most-valuable-sports-teams-2025/
#1: Cowboys
#2: Warriors
#3: Rams
#4: NY GIANTS
#5: Lakers
#6: Knicks
#7: Patriots
#8: Niners
#9: Eagles
#10: Bears
The 50 Most Valuable Teams are culled from Forbes’ most recent Formula 1, MLB, NBA, NFL and soccer franchise valuations. (No teams qualified from Forbes’ 2025 NHL, NWSL or WNBA valuations.) No one-year change figure is listed for Ferrari or Mercedes because Forbes did not value Formula 1 teams in 2024.
The team values are enterprise values (equity plus net debt) and include the economics of each team’s stadium but not the value of the stadium real estate itself. Similarly, the values include rights fees from regional sports networks owned by the team but not the value of the RSNs themselves; equity stakes in other sports-related assets and mixed-use real estate projects are also excluded. All figures are in U.S. dollars.
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