American business magazine Forbes have released their annual valuations of MLS franchises, and once again the AEG-owned Los Angeles Galaxy are ranked among the top clubs in value. (We’re not exactly sure how Forbes comes up with the numbers, but the LA Galaxy are high on the list so therefore it must be legitimate)
Clocking in at just under half a billion with 480 million dollars, the Galaxy finished just behind Atlanta United (500) for tops in the league. LA were also second in revenue at 64 million behind ATL’s impressive 78 million marker.
Additionally Forbes estimates Soccer United Marketing, a subsidiary of Major League Soccer specializing in North American commercial rights, is doing well.
Forbes has estimated that SUM generates annual revenues of some $350 million, and it’s profitable, too; last year the property distributed $125 million to league owners. In 2017, SUM was valued at $2 billion after MLS bought out the stake owned by Providence Equity Partners (SUM is now wholly owned by the league’s investors).