Spanish soccer club Real Madrid opened the 2024-2025 season with a newly renovated Santiago Bernabéu Stadium. The club spent nearly $2 billion. That has already been a cash cow stream for one of the world's most famous sports team. CNBC's senior sports reporter Michael Ozanian breaks down why he thinks the La Liga team could surpass NFL's Dallas Cowboys as the top revenue sports team in the world by next season. Chapters: 0:00 - 0:30 - Introduction 0:35 - 2:24 The most valuable soccer team 2:26 - 5:33 Why it matters 5:34 - 7:12 On the pitch Reporter: Michael Ozanian Senior Managing Producer: Tala Hadavi Edited by: Michael Hoyt Animation: Jason Reginato Additional Footage: Getty Images » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Do you want a new career that’s higher-paying, more flexible or fulfilling? Take CNBC’s new online course - How to Change Careers and Be Happier at Work. Pre-register today and use coupon code EARLYBIRD for an introductory discount of 30% off $67 (+taxes and fees) through May 13, 2025: https://cnb.cx/4igNyqZ Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC Why Real Madrid Is Set To Top The Sports Valuation Charts — It’s Not All About Mbappé