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#1 Real Madrid

Value: $3.3 billion
Owner: Club members

Los Merengues finished runner-up this year in La Liga and the Copa del Ray, but nab the title of the world's most valuable sports team thanks to the highest revenues in sports ($650 million during the 2011-12 season). Real inked new deals with Adidas and Emirates Airlines over the last 12 months that will bring in roughly $80 million combined annually. (AFP/Getty Images)

More From Forbes:
The World's 50 Most Valuable Sports Teams 2013
The World’s Highest-Paid Athletes
Baseball's Most Overpaid Players

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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