Sporting Kansas City Is Being Sold For Roughly $700 Million, An MLS Record

ByJustin Birnbaum,

Forbes Staff.

T

he Illig family, which has owned Major League Soccer’s Sporting Kansas City since 2006, has agreed to sell a majority stake in the team to one of the club’s existing limited partners at an enterprise value of roughly $700 million, multiple league sources tell Forbes.

The price, which could wind up being slightly higher or lower based on the ultimate calculation of the franchise’s debt, is believed to be the highest for a majority stake in MLS’s history as the league prepares to kick off its 31st season in February. Last year, Forbes valued Sporting KC at $650 million, the 16th-best mark in the league, after the club generated an estimated $75 million in 2024 revenue.