Forbes ranks LA Galaxy most valuable MLS team

The Galaxy might not be performing on the field this year, but the club is still worth a pretty penny. Renowned business magazine Forbes has published its annual list of the league’s top franchises, and this year LA slightly beat out the Seattle Sounders for the top spot.

The LA Galaxy is now the league's most valuable team with a value of $315 million, a 19% increase from last year. The five-time MLS Cup winners generated an estimated $63 million in revenue last season, far and away the most of any team. Los Angeles is one of the league's founding franchises, and in its two-plus decades the club has provided the model for long-term success. The Galaxy currently boast the league’s most valuable broadcasting ($5.5 million per year) and stadium naming rights deals ($10 million-plus per year).

How did the Galaxy’s value increase 19%? MLS franchises are growing in worth, for one. All the money’s that been poured into renovating the StubHub Center has had an impact as well.