The Yankees are the world's fourth-most valuable sports team, worth $2.3 billion, and the Giants come in at No. 9 at nearly $1.5 billion, according to a new Forbes ranking of the world's 50 most valuable sports franchises.
Almost all of the city's major teams nabbed spots on the list, with the Jets at No. 14 ($1.3 billion), the Knicks at No. 23 ($1.1 billion) and the Mets at No. 45 ($811 million).
The Yankees dropped one spot from last year despite increasing in value from $1.85 billion, while the Giants maintained their No. 9 ranking with about a $200 million increase in value over last year.
The top three spots on this year's list belong to European soccer teams, with Real Madrid at the top with $3.3 billion, Manchester United in second at $3.2 and Barcelona in third at $2.6 billion.
The Dallas Cowboys, with $2.1 billion, rounded out the top five and came in as the most valuable football team. The NFL overall accounted for 60% of this year's list.
Here are the top 10 teams:
1. Real Madrid ($3.3 billion)
2. Manchester United ($3.2 billion)
3. Barcelona ($2.6 billion)
4. New York Yankees ($2.3 billion)
5. Dallas Cowboys ($2.1 billion)
6. New England Patriots ($1.6 billion)
7. Los Angeles Dodgers ($1.6 billion)
8. Washington Redskins ($1.6 billion)
9. New York Giants ($1.5 billion)
10. Arsenal ($1.3 billion)