Major League Soccer has been growing in popularity over the past few years, and recent valuations of the league’s franchises prove that MLS is raking in the money.
According to a report from Forbes, the Los Angeles Football Club is the most valuable franchise in the league after being valued at a whopping $1 billion.
With the news, LAFC becomes the league’s first billion-dollar franchise.
This past season, LAFC won the MLS title in spectacular fashion thanks to a penalty shootout. It was the club’s first MLS championship.
LAFC joined MLS for an expansion fee of $110 million just 9 years ago.
LAFC isn’t the only club to see a jump in its value. Since 2019, the average MLS team’s valuation has climbed 85 percent to $579 million.
The Los Angeles Galaxy are the second-highest valued franchise at $925 million, while Atlanta United FC sits at No. 3 at $850 million. Rounding out the top five is New York City FC ($800 million) and DC United ($700 million).
