NEW YORK (AP) — The Dallas Cowboys are getting top billing on Forbes' latest ranking of the most valuable sports franchises.

Forbes estimates the Cowboys' value at $4.2 billion, dwarfing the New York Yankees' runner-up status at $3.7 billion.

The next three are all European soccer clubs: Manchester United, Barcelona and Real Madrid. The New England Patriots, New York Knicks, New York Giants, San Francisco 49ers and Los Angeles Lakers round out the top 10.

Of those seven North American teams, four missed the playoffs this past season.

The average current value of the top most valuable teams is $2.5 billion, the highest to date. That's an increase of $300 million dollars over last year.

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