Forbes Magazine has released its annual ranking of the most profitable NFL franchises, and for the eighth consecutive year the Dallas Cowboys have come out on top.

In addition, Forbes is reporting that the Dallas Cowboys are the first U.S. sports franchise to top the $3 billion mark in value (the team has been valued at $3.2 billion).

According to an Associated Press report, only Real Madrid (at $3.4 billion) is worth more among global franchises.

The Associated Press also reports the average NFL franchise value for 2014 is $1.43 billion, which is the highest in the 17 years Forbes has tracked professional football.

Here’s how Forbes has the teams ranked based on each team’s value:

1. Dallas Cowboys, $3.2 billion
2. New England Patriots, $2.6 billion
3. Washington Redskins, $2.4 billion
4. New York Giants, $2.1 billion
5. Houston Texans, $1.85 billion
6. New York Jets, $1.8 billion
7. Philadelphia Eagles, $1.75 billion
8. Chicago Bears, $1.7 billion
9. San Francisco 49ers, $1.6 billion
10. Baltimore Ravens, $1.5 billion
11. Denver Broncos, $1.45 billion
12. Indianapolis Colts, $1.4 billion
13. Green Bay Packers, $1.375 billion
14. Pittsburgh Steelers, $1.35 billion
15. Seattle Seahawks, $1.33 billion
16. Miami Dolphins, $1.3 billion
17. Carolina Panthers, $1.25 billion
18. Tampa Bay Buccaneers, $1.225 billion
19. Tennessee Titans, $1.16 billion
20. Minnesota Vikings, $1.15 billion
21. Atlanta Falcons, $1.125 billion
22. Cleveland Browns, $1.12 billion
23. New Orleans Saints, $1.11 billion
24. Kansas City Chiefs, $1.1 billion
25. Arizona Cardinals, $1 billion
26. San Diego Chargers, $995 million
27. Cincinnati Bengals, $990 million
28. Oakland Raiders, $970 million
29. Jacksonville Jaguars, $965 million
30. Detroit Lions, $960 million
31. Buffalo Bills, $935 million
32. St. Louis Rams, $930 million

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