Billionaires, celebrities, and CEOs like Bob Iger are investing in U.S. soccer—and the beautiful game's American gold rush is just beginning.

  • Published In: Fortune.com, 2024. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Ikram, Aden 3 of 3

Abstract

The article focuses on the rapid growth and increasing investment in U.S. soccer, particularly Major League Soccer (MLS), which is becoming a major player in the American sports landscape. Key indicators of this growth include rising attendance, skyrocketing franchise fees, and significant media rights deals, such as Apple's $2.5 billion acquisition of MLS rights. High-profile investors, including billionaires and celebrities, are flocking to own MLS teams, with notable names like Bob Iger and David Beckham among them. The article highlights the impact of soccer superstar Lionel Messi on the valuation of Inter Miami CF, which has become a leading force in U.S. soccer, and discusses the broader implications for women's soccer, particularly with the rising valuations in the National Women's Soccer League (NWSL). [Extracted from the article]

Additional Information

  • Source:Fortune.com. 2024/10, pN.PAG
  • Document Type:Article
  • Subject Area:Sports and Leisure
  • Publication Date:2024
  • Accession Number:180234517
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