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Forbes each year publishes a list of the most valuable sports franchises in the world.

We picked the top 10.

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Forbes each year comprise a list of the most valuable 50 sports franchises across the world.

We picked the top 10.

All of the teams on the list this year were American, except the soccer teams which were all from Europe.

The list shows that a team's value isn't necessarily correlated with its record of winning - the Dallas Cowboys and Manchester United both featured highly on the list.

"The values of sports teams have skyrocketed on the backs of ballooning media rights deals and more owner-friendly collective bargaining agreements that restrain player costs," Forbes wrote. "There are 52 teams across all sports worth at least $2 billion, up from one, Manchester United, in 2012."