Forbes list of the most valuable MLS clubs

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{{Use mdy dates|date=February 2023}}

{{Use American English|date=March 2024}}

{{italic title|string=Forbes}}

File:LAFC vs Philadelphia Union (2018) by Subashwilfred.jpg, the most valuable MLS club as of the 2024 Major League Soccer season.]]

Forbes compiles the finances of all 29{{Efn|Expansion club San Diego FC, which began play during the 2025 Major League Soccer season, was omitted from the ranking.}} MLS clubs to produce an annual ranking of the best franchises in terms of valuation. The valuations are composed of various variables in financial information and transaction data reported by several club executives.{{cite web |title=Major League Soccer's Most Valuable Teams 2019: Atlanta Stays On Top As Expansion Fees, Sale Prices Surge |url=https://www.forbes.com/sites/chrissmith/2019/11/04/major-league-soccers-most-valuable-teams-2019-atlanta-stays-on-top-as-expansion-fees-sale-prices-surge/?sh=225d22fd51b5 |work=Forbes |access-date=8 February 2023}} These areas are supported by applying financial metrics such as revenue and operating income to each one.{{cite web |title=Major League Soccer's Most Valuable Clubs 2023: LAFC Is The First Billion-Dollar Franchise |url=https://www.forbes.com/sites/justinbirnbaum/2023/02/02/major-league-soccers-most-valuable-clubs-2023-lafc-is-the-first-billion-dollar-franchise/?sh=69fd1b1f5324 |work=Forbes |access-date=8 February 2023}}

The latest ranking reported that Los Angeles FC is the most valuable MLS franchise after the 2024 Major League Soccer season.{{cite web |title=LAFC |url=https://www.forbes.com/teams/lafc/?sh=484374a44937 |work=Forbes |access-date=8 February 2023}} The fastest growing MLS franchise is Inter Miami CF with a 17% increase in valuation since the 2023 Major League Soccer season, largely in part by the widespread popularity of Argentine superstar and 2024 MLS Most Valuable Player Lionel Messi. Los Angeles FC became the new club for highest valuation after Atlanta United FC held the position in 2019.{{cite web |title=LAFC value hits 1 billion dollars, but who's buying? |date=February 2, 2023 |url=https://worldsoccertalk.com/news/lafc-value-hits-at-1-billion-dollars-but-whos-buying-20230202-WST-418116.html |publisher=World Soccer Talk |access-date=8 February 2023}}

Several media outlets have referenced in related news or conducts analytic journalism when the ranking comes out, such as The Cincinnati Enquirer and American City Business Journals.{{cite web |title=Report: FC Cincinnati's value climbed from $285M to $560M |url=https://www.cincinnati.com/story/sports/soccer/fc-cincinnati/2023/02/03/forbes-fc-cincinnatis-value-climbed-from-285m-to-560m-in-just-four-years/69868237007/ |publisher=The Cincinnati Enquirer |access-date=8 February 2023}}{{cite web |title=David Tepper MLS team Charlotte FC nearly doubles in value: Forbes |url=https://www.bizjournals.com/triad/news/2023/02/06/forbes-charlotte-fc-value-mls-david-tepper-sports.html |publisher=American City Business Journals |access-date=8 February 2023}} MLS has consistently recognized the renditions of the ranking.{{cite web |title=Forbes releases annual MLS team valuations as Seattle and LA lead the way |url=https://www.mlssoccer.com/news/forbes-releases-annual-mls-team-valuations-seattle-and-la-lead-way |publisher=Major League Soccer |access-date=8 February 2023}}{{cite web |title=Atlanta United retain top spot in Forbes' annual MLS team valuations |url=https://www.mlssoccer.com/news/atlanta-united-retain-top-spot-forbes-annual-mls-team-valuations |publisher=Major League Soccer |access-date=8 February 2023}} The report has also applied more context to MLS trends, such as the decrease in valuation in relationship with the decrease in attendance for Chicago Fire FC.{{cite web |title=All-Time Attendance |url=https://www.chicagofirefc.com/records/attendance |publisher=Chicago Fire FC |access-date=8 February 2023}}

Ranking

Rankings as of March 2, 2025 (2024 Major League Soccer season)

class="wikitable sortable"

! Rank

SwingClubState/
Province
Value{{efn|name=value|Value of team (in USD) based on current stadium deal (unless new stadium is pending), without deduction for debt (other than stadium debt).}}Change{{efn|name=change|Change of valuation from the 2023 Major League Soccer season to the 2024 Major League Soccer season.}}Revenue{{efn|name=revenue|Revenue in USD.}}Operating Income{{efn|name=income|Earnings (in USD) before interest, taxes, depreciation and amortization.}}
align="center"| 1align="center"| {{steady}}Los Angeles FC{{flag|California}}$1.25 billion{{increase}} 4%$150 million$12 million
align="center"| 2align="center"| {{Steady}}Inter Miami CF{{flag|Florida}}$1.2 billion{{increase}} 17%$180 million$50 million
align="center"| 3align="center"| {{Steady}}LA Galaxy{{flag|California|name=California}}$1 billion{{increase}} 5%$102 million$2 million
align="center"| 4align="center"| {{Steady}}Atlanta United FC{{flag|Georgia (U.S. state)|name=Georgia}}$0.975 billion{{increase}} 8%$105 million$10 million
align="center"| 5align="center"| {{Steady}}New York City FC{{flag|New York}}$0.875 billion{{increase}} 3%$78 million–$8 million
align="center"| 6align="center"| {{increase}} 2Austin FC{{flag|Texas}}$0.825 billion{{increase}} 10%$90 million$4 million
align="center"| 7align="center"| {{decrease}} 1Seattle Sounders FC{{flag|Washington}}$0.8 billion{{increase}} 2%$83 million$2 million
align="center"| 8align="center"| {{decrease}} 1D.C. United{{flag|Washington, D.C.}}$0.785 billion{{increase}} 1%$90 million$10 million
align="center"| 9align="center"| {{increase}} 6Columbus Crew{{flag|Ohio}}$0.735 billion{{increase}} 15%$74 million–$10 million
align="center"| 10align="center"| {{increase}} 4FC Cincinnati{{flag|Ohio}}$0.73 billion{{increase}} 12%$76 million$3 million
align="center"| 11align="center"| {{decrease}} 2Toronto FC{{flag|Ontario}}$0.725 billion{{Steady}} 0%$70 million–$12 million
align="center"| 12align="center"| {{decrease}} 2Charlotte FC{{flag|North Carolina}}$0.7 billion{{increase}} 1%$81 million$4 million
align="center"| 13align="center"| {{decrease}} 1Philadelphia Union{{flag|Pennsylvania}}$0.69 billion{{increase}} 3%$72 million–$8 million
align="center"| 14align="center"| {{decrease}} 3St. Louis City SC{{flag|Missouri}}$0.685 billion{{increase}} 1%$75 million–$2 million
align="center"| 15align="center"| {{decrease}} 2Portland Timbers{{flag|Oregon}}$0.67 billion{{increase}} 2%$68 million$1 million
align="center"| 16align="center"| {{steady}}Sporting Kansas City{{flag|Kansas}}$0.65 billion{{increase}} 3%$75 million–$2 million
align="center"| 17align="center"| {{steady}}Minnesota United FC{{flag|Minnesota}}$0.61 billion{{increase}} 2%$63 million–$12 million
align="center"| 18align="center"| {{increase}} 1New York Red Bulls{{flag|New Jersey}}$0.58 billion{{increase}} 4%$64 million–$5 million
align="center"| 19align="center"| {{decrease}} 1Nashville SC{{flag|Tennessee}}$0.57 billion{{Steady}} 0%$53 million–$8 million
align="center"| 20align="center"| {{Steady}}Houston Dynamo FC{{flag|Texas}}$0.55 billion{{increase}} 4%$58 million–$2 million
align="center"| 21align="center"| {{increase}} 3FC Dallas{{flag|Texas}}$0.545 billion{{increase}} 9%$54 million–$15 million
align="center"| 22align="center"| {{increase}} 1San Jose Earthquakes{{flag|California}}$0.54 billion{{increase}} 7%$59 million–$10 million
align="center"| 23align="center"| {{decrease}} 2New England Revolution{{flag|Massachusetts}}$0.535 billion{{increase}} 3%$63 million$5 million
align="center"| 24align="center"| {{decrease}} 2Chicago Fire FC{{flag|Illinois}}$0.53 billion{{increase}} 3%$51 million$2 million
align="center"| 25align="center"| {{steady}}Real Salt Lake{{flag|Utah}}$0.5 billion{{increase}} 3%$50 million$0
align="center"| 26align="center"| {{steady}}Orlando City SC{{flag|Florida}}$0.475 billion{{steady}} 0%$50 million–$3 million
align="center"| 27align="center"| {{increase}} 1Vancouver Whitecaps FC{{flag|British Columbia}}$0.44 billion{{increase}} 5%$40 million–$10 million
align="center"| 28align="center"| {{decrease}} 1CF Montréal{{flag|Quebec}}$0.435 billion{{increase}} 1%$45 million–$7 million
align="center"| 29align="center"| {{steady}}Colorado Rapids{{flag|Colorado}}$0.415 billion{{increase}} 4%$42 million–$8 million

Historical valuations

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|+ Historical valuations (in US$ millions) by MLS club{{efn|name=team|Financial data taken from the 2025 and 2019 Forbes valuations articles.}}

! Club

20242018
Los Angeles FC1,250475
Inter Miami CF1,200{{new}}
LA Galaxy1,000480
Atlanta United FC975500
New York City FC875385
Austin FC825405
Seattle Sounders FC800330
D.C. United785{{new}}
Columbus Crew735395
FC Cincinnati730{{new}}
Toronto FC725{{new}}
Charlotte FC700240
Philadelphia Union690390
St. Louis City SC685285
Portland Timbers670200
Sporting Kansas City650325
Minnesota United FC610300
New York Red Bulls580{{new}}
Nashville SC570290
Houston Dynamo FC550280
FC Dallas545245
San Jose Earthquakes540335
New England Revolution535275
Chicago Fire FC530220
Real Salt Lake500235
Orlando City SC475295
Vancouver Whitecaps FC440210
CF Montréal435215
Colorado Rapids

|415

|190

See also

Notes

{{notelist}}

References