New York City FC are worth an estimated $275 million, the second-best mark in the Eastern Conference and number four overall in MLS, according to Forbes. (For reference, the league’s two lowest-valued teams, Columbus Crew SC and the Colorado Rapids, are worth just $265 million combined.)
Last year’s ranking placed NYCFC third overall at $255 million.
The average MLS side, based on 2016 financial data, is worth $223 million, a 20% increase over the previous year’s numbers. While $100 million expansion fee that City Football Group paid for the franchise still feels like part of a Ponzi scheme, it has turned out to be a keen investment: 20,000 season ticket holders, a legendary captain as reigning league MVP, and enviable merchandise sales figures can’t be wrong.
At $315 million, LA Galaxy have usurped the top spot on Forbes’ list from the Seattle Sounders, who tuck in at number two ($295 million). The rival New Jersey Red Bulls sit eighth at $245 million, the fourth-best mark among Eastern Conference teams.
Check out the full list, which we (not Forbes) have broken into tiers:
The 1% of the 1%
- LA Galaxy — $315M — $63M revenue
- Seattle Sounders — $295M — $53M revenue
- Toronto FC — $280M — $46M revenue
- New York City FC — $275M — $34M revenue
- Orlando City SC — $272M — $33M revenue
- Portland Timbers —$268M — $44M revenue
- Sporting Kansas City — $260M — $36M revenue
The Upwardly Mobile
- New York Red Bulls — $245M — $32M revenue
- Chicago Fire — $240M — $25M revenue
- San Jose Earthquakes — $235M — $34M revenue
- DC United — $230M — $25M revenue
- New England Revolution — $225M — $27M revenue
- Houston Dynamo — $218M — $26M revenue
For Diehards Only
- FC Dallas — $185M — $30M revenue
- Montreal Impact — $175M — $25M revenue
- Philadelphia Union — $170M — $25M revenue