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Nov 10, 2026, 3:25 PM GMT
George is currently a sports journalist working for multiple websites, including GiveMeSport. Having enjoyed two wonderful years at National World covering Liverpool and Everton every day, he now has comendable experience writing and covering football at the highest level - both in-person and remotely.
Prior to that, he achieved a 1st Class Sports Journalism MA degree from Liverpool John Moores University whilst simultaneously earning the coveted NCTJ Gold Standard qualification.
Working the likes of The Sporting News, SportBible and 90min helped forge a strong reputation while work across other sports such as Archery, Badminton, Cricket, MMA and Boxing have helped to develop an all-round expertise of being a multimedia sports journalist, as well as displaying a strong versatility in this industry.
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Major League Soccer has never been worth more than it currently is. Forbes' 2026 valuations put the average club at $731 million, a 6% rise on the previous edition, and five teams now clear the $1 billion mark, up from three as the league continues to grow in value.
The league has seen fresh interest off the back of the home World Cup in 2026, as US fans saw the rise of young stars and the introduction of top former European competitors, led by Inter Miami's incredible core. Star signings on the league's biggest salaries, new stadiums and deep-pocketed ownership groups have pulled the league's elite clear, while a cluster of smaller-market clubs have stood still.
Other key drivers of value include the 2026 MLS's switch to a new calendar in 2027 and the reworked Apple TV deal.
All figures below are Forbes estimates in US dollars, with revenue and operating income taken from the 2025 season. Valuations include stadium economics but not the real estate itself — as we compare the top 10 most valuable clubs in the MLS right now, several of whom also feature among the most valuable football clubs in the world.
CF Montréal is at the bottom of these rankings at $440 million, with Vancouver Whitecaps only $5 million ahead despite reaching the 2025 MLS Cup final. Ownership uncertainty is a common thread at the foot of the table: the Whitecaps' sale process was ongoing at the time of valuation, while the San Jose Earthquakes' sale stalled over the gap between the asking price and the stadium investment required. The figures underline a league of two speeds.
Six of the bottom seven clubs grew by 2% or less, and 19 of the 30 teams posted an operating loss in 2025, according to Forbes. Stadiums are the other dividing line across MLS, with the Chicago Fire, FC Dallas and New England Revolution all working to improve their home situations.
D.C. United sit just outside the top 10 at $785 million, and are among the healthier operations below it, turning a $12 million operating profit on $99 million of revenue. Charlotte FC, Toronto FC and the Philadelphia Union complete a tightly packed group between $715 million and $740 million.
Further down, Sporting Kansas City's $700 million figure is backed by real-world money: Peter Mallouk increased his stake at a valuation roughly in line with Forbes' estimate.
| Rank |
Team |
City |
Founded |
Valuation |
|---|---|---|---|---|
| 30. |
CF Montréal |
Montreal, QC |
2010 |
$440m |
| 29. |
Vancouver Whitecaps FC |
Vancouver, BC |
2009 |
$445m |
| 28. |
Colorado Rapids |
Commerce City, CO |
1995 |
$450m |
| 27. |
Orlando City SC |
Orlando, FL |
2013 |
$475m |
| 26. |
Real Salt Lake |
Sandy, UT |
2004 |
$510m |
| 25. |
New England Revolution |
Foxborough, MA |
1994 |
$540m |
| 24. |
San Jose Earthquakes |
San Jose, CA |
1994 |
$550m |
| 23. |
Houston Dynamo FC |
Houston, TX |
2005 |
$565m |
| 22. |
FC Dallas |
Frisco, TX |
1995 |
$570m |
| 21. |
Chicago Fire FC |
Chicago, IL |
1997 |
$575m |
| 20. |
New York Red Bulls |
Harrison, NJ |
1994 |
$610m |
| 19. |
Nashville SC |
Nashville, TN |
2017 |
$620m |
| 18. |
Minnesota United FC |
Saint Paul, MN |
2015 |
$625m |
| 17. |
Sporting Kansas City |
Kansas City, KS |
1995 |
$700m |
| 16. |
Portland Timbers |
Portland, OR |
2009 |
$705m |
| 15. |
St. Louis City SC |
St. Louis, MO |
2019 |
$710m |
| 14. |
Philadelphia Union |
Chester, PA |
2008 |
$715m |
| 13. |
Toronto FC |
Toronto, ON |
2005 |
$725m |
| 12. |
Charlotte FC |
Charlotte, NC |
2019 |
$740m |
| 11. |
D.C. United |
Washington, D.C. |
1994 |
$785m |
San Diego FC paid a $500 million expansion fee to join MLS in 2025, and their first Forbes valuation already sits well above it. The club topped the Western Conference in its debut campaign, setting expansion records with 19 wins and 63 points, while crowds at Snapdragon Stadium ranked fourth in the league as they kick off the top 10.
Cincinnati's rise from lower-league attendance phenomenon to MLS heavyweight was rubber-stamped by the 2023 Supporters' Shield. Owned by Carl Lindner III and Meg Whitman, the club's value climbed 10%, though a $15 million operating loss on $82 million of revenue shows the cost of keeping pace at the top.
One of MLS's original clubs remains one of its most successful, with MLS Cups in 2008, 2020 and 2023 plus the 2024 Leagues Cup. Forbes values the Crew at $805 million, but a 10% stake was sold to existing investors at a $900 million valuation, according to Sportico.
Austin FC only kicked off in 2021, yet its commercial engine has already carried it into the top seven. Q2 Stadium helped drive $94 million in revenue in 2025, and investor appetite is clear: five new minority shareholders joined owners Anthony Precourt and Eddie Margain at a reported $912 million price.
The Sounders became the first MLS club to win every major trophy open to them by beating Inter Miami 3-0 in the 2025 Leagues Cup final, adding to MLS Cups in 2016 and 2019 and the 2022 CONCACAF Champions League. Owner Adrian Hanauer has sought to raise more than $200 million at a roughly $1 billion valuation.
Atlanta United set the template for modern MLS expansion, winning MLS Cup in only their second season, in 2018, in front of 73,019 fans at Mercedes-Benz Stadium. Arthur Blank's club generated $105 million in revenue in 2025, though growth of 3% was the slowest of the billion-dollar group.
NYCFC posted the fastest growth among MLS's top clubs, with their value up 17%. The City Football Group side, MLS Cup winners in 2021, has spent its existence sharing Yankee Stadium and Citi Field, but the 25,000-seat Etihad Park in Queens is set to give it a permanent home from 2027.
MLS's most decorated club, the Galaxy own a record six MLS Cups, the latest arriving in 2024. Owned by Philip Anschutz and based at Dignity Health Sports Park in Carson, they brought in $106 million in revenue in 2025 but turned an operating profit of just $2 million.
LAFC topped Forbes' rankings for three straight years before slipping to second. The 2022 MLS Cup winners remain a commercial powerhouse, generating $167 million in revenue in 2025, and underlined their ambition by signing Son Heung-min from Tottenham for a reported MLS-record fee of up to $26.5 million.
The Lionel Messi effect has made Inter Miami MLS's most valuable club for the first time. Revenue rose from $56 million in 2022 to $200 million in 2025, the year Messi led the Herons to their first MLS Cup. A move to Nu Stadium at Miami Freedom Park adds further upside for owners Jorge and Jose Mas and David Beckham.
Fees correct prior to summer 2026
All 10 found — excellent!