February 11 - Inter Miami’s decision to invest in Lionel Messi is continuing to generate major returns.
In December, the Argentine icon guided the club to its first-ever MLS Cup. With the 2026 campaign now less than two weeks away, Messi has once again helped the Herons secure another trophy.
Most valuable franchise in MLS.
According to a Sportico report released Tuesday, Inter Miami is now valued at $1.45 billion, representing a 22% rise from last year and placing the club $50 million ahead of Los Angeles FC. This marks the first time in Sportico’s five-year history of MLS valuations that LAFC is no longer ranked No. 1.
Despite dropping to second place, LAFC still recorded a 9% year-over-year increase, reaching a valuation of $1.4 billion. The Black and Gold roster features what many consider the league’s second most popular international star, South Korea’s Son Heung-Min. Messi and Son remain the two highest-paid players in Major League Soccer.
While these figures are encouraging for both Miami and Los Angeles, the overall financial picture across the league raises some concerns. The lowest 12 clubs by valuation saw an average increase of only 2% from 2025. Three teams — the San Jose Earthquakes, Vancouver Whitecaps and CF Montreal — experienced a decline in value, according to the report.
The Whitecaps reached last season’s MLS Cup final with the help of German great Thomas Muller.
Sportico estimated the combined value of all MLS franchises — including real estate and soccer-related business assets owned by club operators, such as NWSL teams — at $23 billion.
San Diego FC, the league’s newest expansion side entering just its second season, was valued at $765 million, ranking 10th among MLS clubs.
The MLS season begins on Feb. 21, highlighted by a marquee matchup between Inter Miami and LAFC. Due to overwhelming demand, the game has been relocated to the Los Angeles Memorial Coliseum to allow more fans to attend.