Does MLS make a profit?
Table of Contents
Does MLS make a profit?
MLS teams don’t make any money. According to Forbes, the 23 teams that played in MLS during 2018 combined for $100 million in losses. Even worse, only seven of those teams turned a profit, and of those seven, only three were by $1 million or more (Source). Even worse, MLS can’t expand forever.
How profitable are MLS teams?
MLS is still early in its life cycle with revenue a fraction of what major global soccer leagues generate. The 24 MLS teams in existence during the 2019 season produced $1.1 billion in revenue, including distributions from the league (2020 was an estimated $468 million for 26 teams).
How do MLS owners make money?
MLS directly takes all revenue from national broadcast rights, league-level sponsorships, and online merchandise sales.
Does the MLS lose money?
In December, Garber claimed that MLS sustained a $1bn drop in revenue in 2020, though league sources later amended that statement to “nearly $1bn” in losses. “We are forecasted to lose pretty close to $1bn, if not $1bn, that we have been talking about,” Garber said about 2021.
Can you invest in the MLS?
Funds can reportedly purchase either common equity, or senior equity instruments that don’t have debt features. The various requirements come after MLS owners voted last year to change the league’s ownership rules, allowing investment funds to take stakes in clubs.
Is MLS financially successful?
According to commissioner Don Garber, MLS lost close to $1bn in revenue over 2020. “The losses have been dramatic,” he told reporters in December.
Will MLS grow?
NEW YORK (June 21, 2021) – Continuing its deep commitment to growing and elevating the sport of soccer throughout North America, Major League Soccer today announced plans to launch a new professional league in 2022 that will complete the player pathway, from the youth development platform MLS NEXT to the professional …