There might be other pro sports franchises who have had more success over the past 20 years, but for the first time since 2013, the Dallas Cowboys just snagged the No. 1 spot on Forbes‘ annual list of the most valuable sports teams in the world, coming in with a valuation of $4 billion.
Dallas, which hasn’t won a Super Bowl since the 1995 season, saw an increase of a whopping 25 percent since last year’s ranking—where they sat No. 2 on the list—unseating Real Madrid from the 2015 rankings.
Here’s how the entire top-10 rounds out.
- Dallas Cowboys (NFL) – $4 billion
- Real Madrid (La Liga) – $3.65 billion
- FC Barcelona (La Liga) – $3.55 billion
- New York Yankees (MLB) – $3.4 billion
- Manchester United (English Premier League) – $3.32 billion
- New England Patriots (NFL) – $3.2 billion
- New York Knicks (NBA) – $3 billion
- Washington Redskins (NFL) – $2.85 billion
- New York Giants (NFL) – $2.8 billion
- Los Angeles Lakers (NBA) – $2.7 billion
So go ahead and laugh at Jerry Jones, the fact that Tony Romo’s still Tony Romo and the Cowboys’ defense sucking more than a kitten on the tit of its mother, because the team’s laughing all the way to the bank.
You can check out the full list, which ranks the 50 most valuable sports franchises in the world at Forbes.com.