Even with their respective payrolls exceeding $200 million, neither the New York Yankees nor the Los Angeles Dodgers top this year's list of the best-paying franchises in the world.

Rather, that honor goes to Manchester City of the Premier League, which pays its players an average of $8.1 million per year.

According to new research from ESPN The Magazine and SportingIntelligence.com, North American teams make up four of the top 10 highest-paying franchises. The rest are European soccer clubs. The survey included 294 teams in 15 leagues across the world.

Below is a list of the top 10 squads. To read more or check out a a longer list, see here.

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