LAFC success produces first billion-dollar MLS team, per Forbes - News Summed Up

LAFC success produces first billion-dollar MLS team, per Forbes


In addition, part of its valuation as the most expensive team in MLS is based on the BMO Stadium, which is located in downtown LA and was opened in 2018, with a capacity of 22,000 people. Thanks to the success of the team, which capped last season with its first championship, BMO signed a 10-year deal for the stadium name for 100 million, setting a record for MLS. It has several celebrities as ownersLos Angeles FC also owes part of its high valuation, according to Forbes, to the fact that several celebrities are co-owners of the team. In the most recent season, LAFC earned revenues of $116 million, in addition to winning MLS Cup and the Supporters' Shield, the league's best regular-season record. Here are Forbes' valuations of the Top 10 MLS teams:


Source: Forbes February 04, 2023 11:23 UTC



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