Things look great for MLS according to Forbes. For the Philadelphia Union? Not as much.
Forbes released their increasingly annual estimates for MLS club revenues, operating profits and valuations on Wednesday, and for the most part things look great for the owners of MLS. The average value of 2014 franchises was up 13.5% in 2015 over the prior year which is well above the -2% loss seen by the S&P 500 over the same two years. Nothing can stop sports these days. Including the two expansion franchises in Orlando and New York, the average value of an MLS franchise now stands at $185 million, which is close to the $200 million new franchise fee just announced by Don Garber a few weeks back.