A “report card” of MLS team valuations is in, and while the Philadelphia Union isn’t last, it’s certainly a lot closer to the bottom than to the top.
Forbes has put out a list of the most valuable teams in world soccer before, and it also has done lists for other sports, and while any list of “valuations” is necessarily a lot of projections and estimations, it remains a decent proxy by which to grade just how much a MLS franchise would be worth on the open market and the relative rank of just how valuable each team is in relation to each other.