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Forbes lists Colorado Rapids as lowest valued franchise in MLS

In 22 years of soccer, the Chicago Fire has yet to turn a profit. But the Windy City MLS outfit was just purchased in September for $400 million.

The Fire rank eighth in Forbes’ latest estimates of MLS franchise values, despite being one of 17 clubs in the 24-team league to lose money in 2019.

The Colorado Rapids were one of those 17. Not only do the Rapids fall lower on the list than the current price tag for an MLS expansion side, they were also Forbes’ lowest valued club in the entire league.

At a $190 million valuation, the publication estimated the Rapids made $18 million last season with a net loss of $5 million.