Our team beat all the other teams.

Literal

Our [attributive-の] team [topic-は] other [attributive-の] teams [object-を] all defeated.

破る has multiple meanings ('break, tear, defeat'); in sports contexts, it means 'to defeat, beat.' すべて ('all, entirely') is an adverb here modifying 破った. チーム is an English loanword. A pride-filled sports report.