Forbes’ annual list of the world’s 50 most valuable sports teams has become a top opportunity for bragging rights off the field.

This year, the business publication revealed that the Dallas Cowboys, worth an estimated $4 billion, are the most valuable sports team in the world. That $4 billion is up from $3.2 billion in 2015 — a 25 percent increase. The Cowboys also leap-frogged La Liga powerhouse Real Madrid for the No. 1 spot.

Real Madrid (No. 2) and Barcelona (No. 3) round out the top three teams on the list. Meanwhile, the New England Patriots were the next NFL team on the list at No. 6 overall, valued at $3.2 billion.’s Rachel Holt has the full details on Forbes’ list in the video above.

Thumbnail photo via Kirby Lee/USA TODAY Sports Images