Wednesday, November 20, 2013

The Business of MLS

CenturyLink Field ( photo)
 I'm very interested in the business-side of MLS, and I've recently read a couple of interesting articles that I wanted to pass along.  The first is a report in Forbes Magazine about the estimated values of MLS clubs and their 2012 revenues.  The Sounders are the most valuable club in MLS, as well as the most profitable.  L.A. Galaxy ranks #2 and Portland Timbers rank #3.  Soccer is thriving on the West Coast.

On the flipside is an article published on BuzzFeed Sports about players making the minimum salary in MLS.  The minimum salary in MLS is only about $35,000.  This is a paltry sum for a professional athlete in the U.S. or Canada.  MLB, NFL, NBA, and NHL have minimum salaries around $500,000.  So while MLS is growing, it's not quite a Major League sport yet.  Or rather, while MLS is a Major League sport in Seattle, Portland, and Los Angeles, it is not quite a Major League sport in the rest of North America.
Kofi Opare of the Los Angeles Galaxy (Photograph by Emily Berl for BuzzFeed)

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