FORBES: Real Madrid Top Most Valuable Sports Team List

Real Madrid have been named the world's most valuable sports team by Forbes, edging Dallas Cowboys and New York Yankees into second and third respectively.

The Spanish football powerhouse lead the Forbes list of the 50 most valuable sports franchises for the third consecutive year, although Forbes pegs their value at $3.26 billion, down slightly from last year.

The Cowboys and Yankees are next at $3.2 billion, with each franchise making a big jump from last year's projection.

NFL: Greg Hardy's Suspension Reduced From Ten To Four Games

Now Hardy is set to return on Oct. 11 when the Cowboys face the Patriots. (Good one, NFL. Have Hardy make his debut against the team that has their own appeal pending with Tom Brady and the Deflategate melodrama.)

There's more good news for Hardy: As CBSSports.com's John Breech noted in March, a large portion of Hardy's contract is going to be paid out in "per-game" roster bonuses. For every regular-season game Hardy's on the Cowboys active roster this year, he'll make $578,125.