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Brand Finance Plc, which measures brand value for marketers around the world, analyzed the value of 250 teams in leagues around the globe, including football, baseball, cricket and basketball, among others.
NO. 1: Manchester United FC.
Brand value: $852-million (U.S.)
Nick Powell celebrates his goal against Wigan Athletic with teammates Sept. 15, 2012.
NO. 2: FC Bayern Munich.
Brand value: $785-million.
Mario Mandzukic right, Franck Ribery and Arjen Robben, left, celebrate a goal during the German Supercup soccer match against Borussia Dortmund in Munich Aug. 12, 2012.
NO. 3: Real Madrid CF.
Brand value: $599-million.
Cristiano Ronaldo, left, fights for the ball with Celta Vigo's Hugo Mallo during their Spanish First Division match at Santiago Bernabeu stadium in Madrid Oct. 20, 2012.
NO. 4: FC Barcelona.
Brand value: $580-million.
Lionel Messi from Argentina, left, prior to scoring a goal during a Spanish Supercup first leg soccer match against Real Madrid at the Camp Nou stadium in Barcelona, Spain Aug. 23, 2012.
NO. 5: Dallas Cowboys.
Brand value: $510-million.
Quarterback Tony Romo passes the ball against the Chicago Bears during the first half of an NFL football game Oct. 1, 2012, in Arlington, Tex.
NO. 6: New England Patriots.
Brand value: $499-million.
Running back Shane Vereen (34) celebrates his touchdown against the Denver Broncos in the second quarter of an NFL game Oct. 7, 2012, in Foxborough, Mass.
NO. 7: New York Giants.
Brand value: $471-million.
Running back Andre Brown (35) runs the ball against the Carolina Panthers during a NFL game in Charlotte, N.C., Sept. 20, 2012.
NO. 8: Green Bay Packers.
Brand value: $460-million.
Quarterback Aaron Rodgers, right, looks to pass under pressure from St. Louis Rams defensive end Robert Quinn during the first quarter of an NFL game Oct. 21, 2012, in St. Louis.
NO. 9: Pittsburgh Steelers.
Brand value: $410-million.
Rashard Mendenhall (34) scores a touchdown against Philadelphia Eagles Jamar Chaney, right, in the second quarter of their NFL game in Pittsburgh, Penn. Oct. 7, 2012.
NO. 10: New York Yankees.
Brand value: $397-million.
Starting pitcher Hiroki Kuroda throws to the Detroit Tigers during the first inning of Game 2 of their MLB ALCS playoff baseball series in New York, Oct. 14, 2012.