The Dallas Cowboys are once again the Most Valuable Sports Franchise in the world.  Forbes values the Cowboys at $4,200,000,000 in their annual rankings released yesterday.  

The New York Yankees are second on the list at $3,700,000,000.  Three soccer clubs round out the top five in Manchester United, Barcelona and Real Madrid.  The New England Patriots are sixth, followed by the New York Knicks, New York Giants, San Francisco 49ers and Los Angeles Lakers.  The rankings are based on Forbes' valuations over the last year for all NFL, NHL, NBA, MLB, soccer, NASCAR and Formula One teams.

Photo: AOL