Real Madrid
Real Madrid tops Forbes' list of Top 50 Most Valuable Sports Teams for 2013. Getty Images

Forbes recently released its annual ranking of the Top 50 Most Valuable Sports Teams and as expected, some of the most recognizable franchises sit comfortably at the top of the list.

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Coming in with a current value of over $3 billion, soccer franchise Real Madrid takes over the No. 1 spot after spending 2012 behind Manchester United. Man U cracks the 2013 list at No. 2 while Real Madrid rival Barcelona rounds out the Top 3 with a value of $2.6 billion.

Four teams from the National Football League landed in the Top 10 this year with the Dallas Cowboys and owner Jerry Jones landing at No. 5 and the New England Patriots sitting at No. 6. The Washington Redskins and New York Giants sit at numbers 8 and 9 respectively.

The New York Yankees of Major League Baseball are the first non-soccer team to land on the list, sitting at No. 4 with a value of $2.3 billion while the Los Angeles Dodgers sit at No. 7, worth nearly $1.7 billion.

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With major sports franchises featured on up and down the list, here is the complete Top 50 roster of Forbes' Most Valuable Sports Teams for 2013.

  1. Real Madrid ($3.3 billion)
  2. Manchester United ($3.165 billion)
  3. Barcelona ($2.6 billion)
  4. New York Yankees ($2.3 billion)
  5. Dallas Cowboys ($2.1 billion)
  6. New England Patriots ($1.635 billion)
  7. Los Angeles Dodgers ($1.615 billion)
  8. Washington Redskins ($1.6 billion)
  9. New York Giants ($1.468 billion)
  10. Arsenal ($1.326 billion)
  11. Boston Red Sox ($1.312 billion)
  12. Bayern Munich ($1.309 billion)
  13. Houston Texans ($1.305 billion)
  14. New York Jets ($1.284 billion)
  15. Philadelphia Eagles ($1.26 billion)
  16. Chicago Bears ($1.19 billion)
  17. San Francisco 49ers ($1.175 billion)
  18. Green Bay Packers ($1.161 billion)
  19. Baltimore Ravens ($1.157 billion)
  20. Indianapolis Colts (1.154 billion)
  21. Ferrari ($1.15 billion)
  22. Denver Broncos ($1.132 billion)
  23. New York Knicks ($1.1 billion)
  24. Pittsburgh Steelers ($1.1 billion)
  25. Miami Dolphins ($1.06 billion)
  26. Carolina Panthers ($1.048 billion)
  27. Seattle Seahawks ($1.04 billion)
  28. Tampa Bay Buccaneers ($1.033 billion)
  29. Tennessee Titans ($1.011 billion)
  30. Kansas City Chiefs ($1.008 billion)
  31. Chicago Cubs ($1 billion)
  32. Los Angeles Lakers ($1 billion)
  33. Toronto Maple Leafs ($1 billion)
  34. Cleveland Browns ($987 million)
  35. Minnesota Vikings ($975 million)
  36. New Orleans Saints ($971 million)
  37. AC Milan ($945 million)
  38. San Diego Chargers ($936 million)
  39. Arizona Cardinals ($922 million)
  40. Chelsea ($901 million)
  41. Philadelphia Phillies ($893 million)
  42. Cincinnati Bengals ($871 million)
  43. Detroit Lions ($855 million)
  44. Atlanta Falcons ($837 million)
  45. New York Mets ($811 million)
  46. Buffalo Bills ($805 million)
  47. Chicago Bulls ($800 million)
  48. McLaren ($800 million)
  49. San Francisco Giants ($786 million)
  50. Oakland Raiders ($785 million)

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