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Forbes: At $275 million, New York City FC is 4th most valuable MLS franchise

LA, Seattle, and Toronto top this year’s list

Hudson River Blue

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

The Bourgeoisie

The Upwardly Mobile

For Diehards Only

Time for a Re-brand

  • Real Salt Lake — $155M — $21M revenue
  • Vancouver Whitecaps — $150M — $20M revenue
  • Colorado Rapids — $135M — $19M revenue
  • Columbus Crew — $130M — $26M revenue