1. LAFC $1 billion (valuation) | $116 million (2022 revenue) | +$8 million (2022 operating income)
2. LA Galaxy $925 million | $98 million | +$4 million
3. Atlanta United $850 million | $81 million | +$6 million
4. NYCFC $800 million | $55 million | –$12 million
5. D.C. United $700 million | $70 million | +$8 million
• SOURCE: Forbes: Major League Soccer’s Most Valuable Clubs 2023 (ranked 1 to 28): LAFC Is The First Billion-Dollar Franchise Forbes By Justin Birnbaum.
NOTE: According to Forbes, more than half of MLS clubs lose money; their average annual revenue is $55 million.

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