NFL franchise Dallas Cowboys now sit top of the pile with the Texan outfit valued at a whopping $4 billion (£2.6bn), some way ahead of Real Madrid who are valued at $3.26bn (£2.1bn).
Fellow La Liga side Barcelona are the only other football side in the top five on the list whilst Man United, valued at $3.1bn (£2.01bn), lead the Premier League rankings due in no small part to their recent kit deal with Adidas.
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The top five reads as follows.
1. Dallas Cowboys (£2.6bn)
2. Real Madrid (£2.1bn)
3. New England Patriots (£2.07bn)
3. New York Yankees (£2.07bn)
5. Barcelona (£2bn)