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North Carolina not deterred by $150M Expansion Price Tag

This week, Major League Soccer set the fee for the next round of expansion into the league at $150 million.

Despite the high cost, Steve Malik, owner of the North Carolina Football Club — formerly known as the Carolina RailHawks — told the Triangle Business Journal that he will have a bid submitted by the Jan. 31 deadline MLS have set for the next round of expansion.

"We are geared up to respond and excited that they put out a timeline," Malik told the Journal. "We're excited to be on the list."

In the report, Malik also identified the three potential sites he hopes to build the team’s stadium on.