The Washington Redskins remain one of the most valuable sports franchises in the world, but D.C.'s NFL team dropped out of the top 10 on Forbes "Most Valuable Sports Teams" list this year.

WASHINGTON — The Washington Redskins remain one of the most valuable sports franchises in the world, but D.C.’s NFL team dropped out of the top 10 on Forbes “Most Valuable Sports Teams” list this year.

The Redskins come in at No. 11 this year, down from No. 8 last year, with what Forbes estimates is a value of $2.95 billion. That’s up 4 percent from its estimated value last year, when the Redskins franchise was valued at $2.85 billion.

15. Bayern Munich Team value: $2.71 billion AP Photo/Matthias Schrader 13. Los Angeles Dodgers (tie) Team value: $2.75 billion (AP Photo/Lynne Sladky) AP/Lynne Sladky 13. New York Jets (tie) Team value: $2.75 billion AP Photo/Seth Wenig, File 12. Los Angeles Rams Team value: $2.9 billion (AP Photo/Jae C. Hong) AP/Jae C. Hong 11. Washington Redskins Team value: $2.95 billion (AP Photo/Nick Wass, File) AP/Nick Wass 9. Los Angeles Lakers (tie) Team value: $3 billion (AP Photo/Frank Franklin II) AP/Frank Franklin II 9. San Francisco 49ers (tie) Team value: $3 billion (AP Photo/Bill Wippert, File) AP 8. New York Giants Team value: $3.1 billion (AP Photo/Bill Kostroun) AP 7. New York Knicks Team value: $3.3 billion (AP Photo/Frank Franklin II) AP/Frank Franklin II 6. New England Patriots Team value: $3.4 billion AP Photo/Gregory Payan, File 5. Real Madrid Team value: $3.58 billion (AP Photo/Daniel Tejedor, File) AP/Daniel Tejedor 4. Barcelona Team value: $3.64 billion (AP Photo/Daniel Ochoa de Olza, File) AP/Daniel Ochoa de Olza 3. Manchester United Team value: $3.69 billion AP Photo/Dave Thompson 2. New York Yankees Team value: $3.7 billion (AP Photo/Julio Cortez) AP/Julio Cortez 1. Dallas Cowboys Team value: $4.2 billion AP Photo/Brad Penner, File ( 1 /15) Share This Gallery: Share on Facebook. Share on Twitter. Share via email. Print.

The Baltimore Ravens come in at No. 27 this year, unchanged from last year’s ranking, despite a 19 percent jump in the franchise’s estimate worth, to $2.3 billion.

Forbes’ annual list of most valuable sports franchises includes the NFL, NHL, NBA, MLB, Formula 1, Soccer and NASCAR. No NHL or F1 teams made the top 50.

The NFL dominates the list, with 29 of the 50 most valuable sports franchises in the world.

Forbes says no sports league is as profitable as the NFL.

The Cowboys, Yankees and Manchester United top the 2017 most valuable sports franchise list.

You can see the full 2017 list on Forbes’ website.