Inter Miami CF is now the most valuable club in Major League Soccer, according to Forbes' 2026 valuations, which put the team's worth at an estimated $1.35 billion. It is the first time Inter Miami has topped the list, edging past LAFC, valued at $1.32 billion, which had led the rankings for three straight years.
Forbes says Inter Miami's revenue has more than tripled since 2022, rising from $56 million to about $200 million in 2025, the season Lionel Messi led the club to its first MLS Cup. The outlet also estimates a $50 million operating profit for Inter Miami, the highest in the league. Owners Jorge Mas, Jose Mas and David Beckham opened the club's new home, Nu Stadium at Miami Freedom Park, in April 2026.
LAFC, the 2022 MLS Cup winners, generated about $167 million in revenue in 2025 and raised their profile by signing Son Heung-min from Tottenham Hotspur for a reported MLS-record fee of up to $26.5 million, according to Forbes.
The Rest of the Top 10
- LA Galaxy - $1.08 billion: MLS's most decorated club with a record six MLS Cups, the latest in 2024. Owned by Philip Anschutz and based at Dignity Health Sports Park in Carson, California, the Galaxy generated about $106 million in revenue in 2025 but made only a $2 million operating profit.
- New York City FC - $1.02 billion: Recorded the fastest growth among MLS's top clubs, with its value up 17%. Owned by City Football Group, the 2021 MLS Cup winners have played at Yankee Stadium and Citi Field, with a 25,000-seat stadium, Etihad Park in Queens, due to give them a permanent home in 2027.
- Atlanta United FC - $1 billion: Won the MLS Cup in only its second season, in 2018, before 73,019 fans at Mercedes-Benz Stadium. Arthur Blank's club earned about $105 million in revenue in 2025, though its 3% growth was the slowest among the billion-dollar clubs.
- Seattle Sounders FC - $860 million: Won the 2025 Leagues Cup by beating Inter Miami 3-0 in the final, adding to MLS Cups in 2016 and 2019 and the 2022 CONCACAF Champions League. Forbes estimates their 2025 revenue at about $100 million.
- Austin FC - $855 million: Only began play in 2021, but Q2 Stadium helped drive about $94 million in revenue in 2025. Five new minority investors joined owners Anthony Precourt and Eddie Margain at a reported valuation of $912 million.
- Columbus Crew - $805 million: Have won MLS Cups in 2008, 2020 and 2023, plus the 2024 Leagues Cup. Forbes bases its figure on a hypothetical sale of control to an outside buyer.
- FC Cincinnati - $800 million: Won the Supporters' Shield in 2023. Owned by Carl Lindner III and Meg Whitman, the club's value rose 10%, though Forbes estimates a $15 million operating loss on $82 million in revenue.
- San Diego FC - $795 million: Paid a $500 million expansion fee to join MLS in 2025, and its first valuation is already far higher. The team led the Western Conference in its debut season, setting expansion records with 19 wins and 63 points, with home crowds at Snapdragon Stadium the fourth largest in the league. Controlled by Egyptian billionaire Mohamed Mansour, the club had an estimated $93 million in revenue and a $5 million operating loss.
