The average MLS team is now worth $313 million, up 30% year-over-year. The 23 teams that played in 2018 generated more than $800 million in revenue.
| Rank | Team | Value ($M) | Revenue ($M) | Operating Income ($M) |
|---|---|---|---|---|
| 1 | Atlanta United | 500 | 78 | 7 |
| 2 | LA Galaxy | 480 | 64 | 5 |
| 3 | LAFC | 475 | 50 | -5 |
| 4 | Seattle Sounders | 405 | 47 | 1 |
| 5 | Toronto FC | 395 | 43 | -19 |
| 6 | Portland Timbers | 390 | 47 | 4 |
| 7 | New York City FC | 385 | 45 | -16 |
| 8 | Chicago Fire | 335 | 23 | -16 |
| 9 | DC United | 330 | 41 | 1 |
| 10 | Sporting Kansas City | 325 | 43 | 1 |
| 11 | Minnesota United | 300 | 24 | -8 |
| 12 | Orlando City SC | 295 | 39 | -1 |
| 13 | New York Red Bulls | 290 | 36 | -6 |
| 14 | FC Cincinnati | 285 | n/a | n/a |
| 15 | Houston Dynamo | 280 | 23 | -6 |
| 16 | San Jose Earthquakes | 275 | 35 | -5 |
| 17 | New England Revolution | 245 | 29 | -2 |
| 18 | Philadelphia Union | 240 | 21 | -5 |
| 19 | Real Salt Lake | 235 | 21 | 2 |
| 20 | FC Dallas | 220 | 33 | -7 |
| 21 | Vancouver Whitecaps | 215 | 20 | -5 |
| 22 | Montreal Impact | 210 | 18 | -12 |
| 23 | Columbus Crew | 200 | 18 | -8 |
| 24 | Colorado Rapids | 190 | 18 | -5 |
