Steelers Make Forbes List Of Most Valuable Sports Teams

Who are the most valuable football teams in the world according to Forbes?

This week, Forbes released their "World's 50 Most Valuable Sports Teams" ranking, and three Chicago sports organizations made the list, with two of those three coming in the top 20.

In Forbes' separate database of the world's billionaires, Ravens owner Steve Bisciotti was ranked the 474th richest man in the world with a net worth of $3.8 billion, an increase of $700 million from last year's valuation that ranked him 569th. This is $77 million more than Barcelona and Real Madrid. They edged out division rival the Pittsburgh Steelers, who came in 28th on the list with an estimated value of $2.25 billion.

The Gunners' value fell 4 percent to $1.93 billion largely due to the decline in the British pound following Britain's vote to leave the European Union.

The rankings are based on Forbes' analysis done over the past year for all NFL, NHL, NBA, MLB, soccer, NASCAR and Formula One teams. United have moved up two places on the list after being named the fifth most valuable team past year. Manchester City are valued at $2.083 billion, Arsenal at $1.93 billion and Chelsea at $1.845 billion. There's not a single National Hockey League team in the Forbes 50, for example, showing how wide the disparity is between the sports beyond just TV ratings.

58% of the list is taken up by National Football League teams.

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