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MLS Expansion Fees Are Growing, So Why Is The League Losing Money? | Forbes

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Major League Soccer’s surging expansion fees and sales prices are not being driven by financial performance. In fact, although revenues are broadly on the rise, the league and most of its teams continue to operate at a significant loss. But MLS investors are still spending big to secure a share of the U.S. soccer market because their eyes are set on potential goldmines down the road: a new national TV deal in 2023, a stateside World Cup in 2026 and, if everything goes just right, a future American sports landscape wherein domestic soccer can hold its own against the likes of the NFL and the NBA.

But the near-term bleeding hasn’t slowed the rise of MLS team values, since owners are instead making a growth bet on the league’s—and the sport’s—future. The next benchmark for that success isn’t far away: Major League Soccer’s national TV deals with ESPN and Univision expire after the 2022 season. MLS has instructed its teams not to tie up their media rights beyond that expiration date, giving the league a chance to take its full inventory to market. The current contracts pay an average $90 million per year, and although MLS has yet to begin negotiating, the expectation echoed throughout the league is that the national rights fees will see a massive jump (they’d need to increase several-fold to get the league to break-even, assuming expenses stay level).

Read the full profile on Forbes: https://www.forbes.com/sites/chrissmith/2019/11/04/major-league-soccers-most-valuable-teams-2019-atlanta-stays-on-top-as-expansion-fees-sale-prices-surge/#453f1f0651b5

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Immigration Attorney Lauren Blodgett’s Advice For The Younger Generation | Unfiltered | Forbes

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This week on Unfiltered we spoke with Executive Director of The Brave House Lauren Blodgett about her daily mantras, how she is intentional with giving people her attention and about how young people can make a difference now.

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How To Live Up To The Declaration of Independence – Steve Forbes | What’s Ahead | Forbes

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The Declaration of Independence is the most remarkable document in US history, but how did the spirit and ideology it embodies enable the US to become the most successful nation ever? Steve Forbes on our nation’s history and the profound concepts that make our country unique.

What’s Ahead featuring Steve Forbes provides his insights and perspective, to stay on top of what’s happening in this ever-turbulent world with glimpses into the future. What’s Ahead airs Tuesdays, Thursdays and Fridays.
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New Stimulus Bill? What You Need To Know – Steve Forbes | What’s Ahead | Forbes

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Covid-19 lockdowns have left millions of Americans unemployed, reliant on government stimulus and in need of cash. And now a new accounting rule that could prove devastating to the country’s economic recovery. Steve Forbes on the need for a new stimulus bill and more individual checks now.

What’s Ahead featuring Steve Forbes provides his insights and perspective, to stay on top of what’s happening in this ever-turbulent world with glimpses into the future. What’s Ahead airs Tuesdays, Thursdays and Fridays.
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