LAFC Becomes First $1 Billion MLS Franchise, per Forbes

Valuations for MLS franchises have skyrocketed over the past few seasons.

Five years after taking the pitch for the first time as an expansion team in 2018, LAFC won its first MLS championship in November. Now, they’re the league’s first $1 billion franchise.

That’s what Forbes reported in its latest MLS valuations, noting that the landmark threshold crossed by one of the league’s newest clubs is part of a swell league-wide, with the average valuation of the 29 MLS teams now sitting at $579 million—up 85% since 2019.