Cardinals Make List of 50 Richest Sports Franchises in the World

Ajax v Manchester United- UEFA Europa League Final

This is $77 million more than Barcelona and Real Madrid.

The Reds were named the third most valuable sports team in the world behind American football team Dallas Cowboys ($4.2 billion) and American Baseball team New York Yankees ($3.7 billion). The Chiefs were barely over $1 billion in value as recently as 2014, but now they're poised to cross the $2 billion barrier as soon as next year. That left 36 franchises worth at least $1 billion outside the top 50. United have moved up two places on the list after being named the fifth most valuable team a year ago.

The Redskins come in at No. 11 this year, down from No. 8 last year, with what Forbes estimates is a value of $2.95 billion.

Teams from the NFL, whose lucrative broadcast contracts are not comparable to any other league, accounted for over half of the list, occupying 29 spots in the ranking, including the Super Bowl champion New England Patriots ($3.4 billion) at No. 6.

"Credit the massive profitability across the league - every team turned a profit of at least $26 million for the 2015 season", the Forbes article says.

Two teams (Houston Rockets and Liverpool FC) fell out of the top 50, while British soccer club Arsenal had the biggest decline, falling 20 spots to No 43.

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