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Top 10 most valuable teams in MLS 2024

Published at :February 24, 2024 at 10:03 PM
Modified at :February 24, 2024 at 10:03 PM
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(Courtesy : LAFC)

Manav Chowdhury

Clubs with the highest value in MLS 2024

Football is really popular around the world, and the teams that play it are super valuable. Some clubs have a special place in football history because they’ve had amazing players and created some of the best teams ever.

The MLS 2024 season has started with an ever-increasing global spotlight falling on the competition. Soccer in the United States is growing. The sport was already on an upward growth trajectory before Leo Messi’s arrival at Inter Miami last summer took matters to another level with the competition getting an overnight boost as global superstars such as Selena Gomez, LeBron James, Prince Harry and Leo DiCaprio turned out to see the Argentine in action last season.

In 2024, the Los Angeles Football Club retain its position as the most valuable team in Major League Soccer, with a valuation of $1.2 billion. Inter Miami CF, boosted by Messi’s influence, secures second place. LAFC’s success is propelled by a significant revenue increase and strategic business initiatives.

These clubs have all demonstrated success both on and off the field in recent years; their high net worth is a testament to that success. Each team has invested heavily in player acquisitions and stadium upgrades to stay competitive at the highest level of professional soccer in America. Here are the top 10 most valuable teams in MLS 2024:

10. Charlotte FC: $690 million

The team is owned by David Tepper, who was awarded the expansion franchise on December 17, 2019. It began play in the 2022 MLS season as the league’s 28th franchise. Charlotte FC plays at Bank of America Stadium, which it shares with the Carolina Panthers of the National Football League. Charlotte FC played their first MLS regular season match on February 26, 2022, losing 3–0 to D.C. United at Audi Field. They haven’t won any major trophies as of now.

9. Toronto FC: $725 million

The club competes in Major League Soccer as a member of the Eastern Conference. Toronto FC joined MLS in 2007 as an expansion team and was the first Canadian-based franchise in the league. In 2017, Toronto FC won the domestic treble with the MLS Cup, Supporters’ Shield and Canadian Championship, making them the first and only MLS club to ever do so. They are eight-time winners of the Canadian Championship and were runners-up in the 2018 CONCACAF Champions League and the MLS Cup in 2016 and 2019.

The club consistently sells out its home games, which generates significant revenue for the club. In addition, Toronto FC has a strong corporate sponsorship portfolio, which includes partnerships with major brands such as Bank of Montreal, Nike, and Budweiser.

8. Austin FC: $750 million

The club competes in Major League Soccer as a member of the Western Conference. Founded in 2018, the club began play in the 2021 season. Austin FC is the first top-division major professional sports team in the Austin area, a market that had been previously overlooked by the major professional sports leagues.

7. DC United: $775 million

Founded in 1994, the club was an inaugural franchise in Major League Soccer, playing in MLS since its first season in 1996. Domestically, the club has won four MLS Cups, four Supporters’ Shields, three U.S. Open Cups, and six Eastern Conference championships. In international competitions, the club has one CONCACAF Champions Cup title and one Copa Interamericana, the only American team to win the latter.

6. Seattle Sounders: $785 million

The Sounders compete in Major League Soccer as a member of the Western Conference. The club was established on November 13, 2007, and began play in 2009 as an MLS expansion team. Seattle has been among the league’s most successful teams, winning the U.S. Open Cup four times, the Supporters’ Shield in 2014, and the MLS Cup in 2016 and 2019.

5. New York City FC: $850 million

New York City played their first league game in the 2015 MLS season, as the twentieth expansion team of the league. Won the MLS in 2021, the Supporters Shield in 2017 and 2019, the Champions of Eastern Conference Playoff in 2021 and in 2022 won the Campeones Cup. The club is co-owned by City Football Group, a subsidiary of Abu Dhabi United Group, and Yankee Global Enterprises, owners of the New York Yankees.

4. Atlanta United: $900 million

Founded in 2014, Atlanta United began to play as an MLS expansion team in 2017, as the twenty-second team in the league. It is the first MLS franchise to be based in Atlanta. 2018 MLS Cup winners, made MLS Cup playoffs every season since 2017. 2019 US Open Cup winners and in the same year also won the Campeones Cup. Atlanta has set several league records for the highest single-match and average attendance. In 2021, Sportico estimated the club was the second most valuable in the league, worth approximately $845 million

3. LA Galaxy: $950 million

The franchise is one of Major League Soccer’s most successful teams, with a record five MLS Cups and four additional appearances in the final, and won the Western Conference regular-season title eight times, four Supporters’ Shields, two U.S. Open Cups, and one CONCACAF Champions’ Cup title. The club has fielded many high-profile international players including Zlatan Ibrahimović, Steven Gerrard, Robbie Keane and many more top-quality players.

The club’s financial resources have played a key role in its success on the field. LA Galaxy have consistently had one of the highest payrolls in the MLS, allowing it to attract top talent from around the world.

2. Inter Miami: $1.03 billion

Established in 2018, the club began playing in the Eastern Conference of Major League Soccer during the 2020 season. Messi formally joined the team, alongside former Barcelona teammate Sergio Busquets, at an unveiling ceremony on July 16. After this Jordi Alba and Luis Suarez also joined the Inter Miami side. The club won its first major trophy, the expanded 2023 Leagues Cup, the North American zonal competition for the CONCACAF region.

1. Los Angeles FC: $1.2 billion

The club competes in Major League Soccer (MLS) as a member club of the league’s Western Conference. The club was established on October 30, 2014, and began play during the 2018 season as an expansion team. Los Angeles FC, fierce rivals of LA Galaxy. They won MLS Cup in 2022, Supporters Shield in 2019 and 2022. Beyond MLS operations, LAFC bolsters its financial performance through a diverse array of non-MLS ventures, such as hosting concerts and other events, contributing to the club’s robust bottom line.

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