(The Canadian Press) NEW YORK _ Real Madrid tops Forbes' list of 50 most valuable sports teams, with Manchester United and Barcelona holding the next two spots.
Forbes says Real Madrid is worth $3.3 billion. The Spanish power moved up a spot from No. 2 last year.
Man United, which was No. 1 last year, is worth $3.17 billion. Barcelona, Real Madrid's fierce rival and Spanish League champions last season, is worth $2.6 billion.
The New York Yankees are fourth with a value of $2.3 billion and the Dallas Cowboys are fifth at $2.1 billion.
Thirty of the 32 NFL teams made the list
(
https://onforb.es/15HuUAm ) , along with seven baseball teams and
seven soccer teams.
Man Utd. Shares rose 2.5% on Monday to $17.85, leaving a market cap of $2.9 billion, based on 163.8 million shares outstanding. The 52-week range is $19.34 and $12.