This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

(New York, NY) The list is out and soccer teams lead the Forbes list of most valuable sports organizations.

Real Madrid takes the number one spot and is worth more than $3 billion.

Manchester United slipped to number two after owning the top spot last year.

The Barcelona Soccer Club is third.

The New York Yankees are the first non-soccer team at fourth.

Rounding out the top five, the Dallas Cowboys.