May 19, 2010 8:29 AM EST

The Yankees have dethroned Manchester United as the world?s most valuable team brand, according to Forbes.

New York's brand is worth $328 million (21 percent of their $1.6 billion total team value), while Forbes calculated the Man U name to be worth $285 million (16 percent of their $1.835 billion value).

The two teams also topped the list last year, with Manchester United on top.

The Dallas Cowboys ranked fourth, while a pair of European soccer clubs, Real Madrid and Barcelona, ranked third and fifth, respectively.

Via Yahoo! Sports