Bill Cosby has bumped aside teeny-bop stars New Kids on the Block to reclaim the spot he briefly lost as the world's highest-paid entertainer, a magazine reported.

Worth more than $300 million, Cosby is expected to earn about $98 million in 1991 and 1992 combined, Forbes magazine says in its Sept. 28 issue.Cosby, who collects a one-third share of the syndication revenue from "The Cosby Show," heads the magazine's sixth annual list of the top 40 entertainment moneymakers. He retired from the show this year as TV's superstar dad.

Slipping to No. 4, New Kids on the Block are expected to earn $8 million in 1992, compared with $54 million a year ago, Forbes said. Last year, the pop group bumped Cosby to No. 2 on the list.

Oprah Winfrey, whose TV talk show is broadcast in most U.S. cities and 55 nations, is second with earnings of about $88 million in 1991 and 1992, the magazine said.

Kevin Costner, director and lead actor of "Dances With Wolves," jumps from sixth place to third, with about $71 million in 1991 and 1992.

No. 11 Johnny Carson, retired king of "The Tonight Show," will earn an estimated $45 million during 1991-92, and former rival Arsenio Hall (No. 37) checks in at about half that amount, Forbes estimates.

The magazine considers two years' worth of income to smooth out big earnings swings.