Major League Soccer continues to be the fastest growing soccer league in the world, and MLS Cup Champions Los Angeles FC now have a net worth of $1billion (£820m).
Forbes have valued the holders at $1bn after releasing their updated figures ahead of the new MLS season, with LAFC sitting at the top yet again. Rivals Los Angeles Galaxy are close behind with a $925m valuation, but the rise of the North American clubs prove just how far MLS has come.
LAFC are now valued higher than 14 teams in the Premier League according to Sportico, which is already known as the wealthiest league in the world. Only those who were on the brink of breaking away from the English top flight and joining the European Super League in April 2021 have a higher valuation than the MLS Cup winners.
Liverpool, Chelsea, Manchester United, Arsenal, Tottenham and Manchester City are the only Premier League clubs that are said to be valued higher than LAFC. And there are three other MLS sides that are said to be more valuable than West Ham United - the Premier League team with the seventh highest valuation.
After the Galaxy, both Atlanta United and New York City FC are valued higher than West Ham, as the MLS becomes an increasingly big player in the global soccer market. The MLS is thriving, and some high-profile celebrities have bought into the league in the last five years.
Actors Matthew McConaughey and Will Ferrell are now on the board at both Austin FC and LAFC respectively, and Reese Witherspoon even bought into Nashville SC. She was joined by NFL running-back Derrick Henry, who's not the only football star to expand his sporting portfolio.
Kansas City Chiefs quarterback Patrick Mahomes has a stake in Sporting Kansas City, and NBA star is tied up with Houston Dynamo. One of the most high profile owners though is former Manchester United star David Beckham, who owns Inter Miami.
Miami is now valued at $500m, meaning that Beckham's franchise is worth more than 10 Premier League sides. Miami was only founded in 2018, but is already worth more than both Leeds United and Aston Villa.
Beckham is recognised as the turning point in MLS history, as the league nearly ceased to exist during their early years. Beckham shocked the world when leaving Real Madrid to join the Galaxy in 2007, but his gamble has since paid off.
The iconic no.7 took a hefty wage cut to move to America as his salary decreased by almost 70 percent. However, Beckham knew he could sense gold, and a clever contractual agreement means that he's since pocketed $500million further down the line.
Beckham took a wage reduction, but managed to include a clause in his contract that saw him earn a cut of all team revenue from sponsorships to tickets and merchandise. But the best piece of business Beckham has perhaps ever done was negotiating an agreement that would see him eligible to purchase an MLS franchise for just $25m (£21m) when retiring.
His franchise is now worth $500m, meaning that when factoring in every clause, even in the modern day Beckham's 2007 contract has proved to be one of the biggest of all-time. And with the MLS continuing to grow, that valuation will only increase higher.
