Football icon Son Heung-min leads way as MLS smashes transfer spending record

LOS ANGELES: Major League Soccer clubs smashed the league’s transfer spending record in 2025, laying out about $336 million on player acquisitions led by LAFC’s blockbuster acquisition of Son Heung-min from Tottenham, the league told Reuters this week. The total outlay was nearly double the previous MLS record of $188 million set in 2024 and would have ranked eighth among global leagues last year, ahead of Mexico’s Liga MX and Argentina’s Primera Division. It represents a 75 percent year-on-year increase in spending.

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