Cowboys are the most valuable franchise in the world, per Forbes

Mississippi State's Mullen on Prescott at SEC Media Day

Mississippi State's Mullen on Prescott at SEC Media Day"He's A Winner

The Cowboys open preseason play against the Arizona Cardinals on August 5 and start the regular season at home on September 10 against the New York Giants.

The rankings are based on Forbes' valuations done over the previous year for all NFL, NHL, NBA, MLB, soccer, NASCAR and Formula One teams. In a list released by Forbes on Wednesday, the Cowboys had been dubbed the most valuable sports team in the world, worth a whopping $4.2 billion. The Cowboys, by the way, are listed tops overall on the list of 50 sports franchises.

The Yankees, valued at $3.7 billion, are second on the list, up from fourth past year.

The Raiders ($2.1 billion) ranked 34th behind a 47 percent increase seemingly related to their competitive upswing last season. Three soccer teams round out the top-five: Manchester United of the English Premier League ($3.69 billion), Barcelona of La Liga ($3.64 billion), and Real Madrid ($3.58 billion), also of La Liga.

The Oakland A's were not listed in the Top 50, nor were the San Jose Sharks as none of the NHL's teams made the cut.

The average current value of the top most valuable teams is $2.5 billion, the highest to date, an increase over a year ago, when the average value was $2.2 billion. And, not surprising, the list is dominated by the National Football League. With a second year in a row of 22 percent growth the Chicago Cubs jumped from No. 21 to No. 18, and are now valued at $2.68 billion.

They occupyied 29 spots in the ranking, including the Super Bowl champion New England Patriots ($NZ4.68 billion) at No 6. The franchise valuation includes property the Cowboys own, including the team's brand-new $1.5 million headquarters/retail center.

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