Los Angeles FC became the first MLS club to receive a valuation of $1 billion by Forbes after the outlet published its projected values for each of the league's member teams.
The Los Angeles Galaxy are hot on the heels of their crosstown rivals at $925 million. Atlanta United FC ($850 million), New York City FC ($800 million) and D.C. United ($700 million) rounded out the top five.
This article will be updated soon to provide more information and analysis.
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