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New York Knicks rank fifth on Forbes’ Most Valuable Sports Teams list

The New York Knicks have struggled over the years, but their financial value remains strong. From playing in a major media market to hosting games at Madison Square Garden, they have an expensive profile.

While the Knicks have a prominent spot among NBA teams, what about their placement in all of professional sports?

Forbes released its 50 Most Valuable Sports Teams, and New York sits fifth at a $4 billion value. The Dallas Cowboys (NFL), New York Yankees (MLB), Real Madrid (Soccer) and Barcelona (Soccer) are the only teams above them, with the Cowboys topping out at $5 billion.