Major League Soccer Operating Agreement

Major League Soccer (“MLS”) was founded in 1993 as part of the Successful Bid of the United States to host the 1994 World Cup. Since its inception, MLS has become one of the best-known football leagues in the world and has become the 6th best football league in the world[1] with an average mls franchise rating of about $240 million. [2] As MLS continues to develop its global brand and strengthens its presence in the international football scene, many around the world are still puzzled as to how MLS works, due to its unique structure and rules, different from the rest of the football community. For example, MLS pays all player acquisition costs, most player salaries and player benefits. In addition, MLS pays salaries for league staff (such as referees), travel expenses and insurance, among others. [11] While this structure seems separate from the rest of the football world, this structure has one purpose: to control player replays so that teams do not compete against each other for available players; Effectively control costs and keep players` salaries on a sustainable level. The league`s financial stabilization plan called for teams from major American football stadiums to move to football-specific stadiums. [59] From 2003 to 2008, the league oversaw the construction of six other football-specific stadiums, largely funded by owners such as Lamar Hunt and Phil Anschutz, so that by the end of 2008, most teams were in football-specific stadiums. [50] In 2006, MLS appears to be on the verge of overall profitability and has developed major expansion plans, and mls has announced that it wants each club to have its own owner. [9] The league has attracted new owners who have injected more money into the league. [6] Examples are the purchase of MetroStars by Red Bull by AEG in 2006 for more than $100 million. [7] [10] Columbus crew owner Lamar Hunt began this trend in 1999 with the construction of Columbus Crew Stadium, now known as Mapfre Stadium, the first football stadium in MLS. [60] Four years later followed the opening of the Home Depot Center, now Dignity Health Sports Park, in 2003.

[177] FC Dallas opened Pizza Hut Park in 2005, now Toyota Stadium, and the Chicago Fire began their home games in 2006 at Toyota Park, now SeatGeek Stadium. The 2007 season brought the opening of Dick`s Sporting Goods Park for the Colorado Rapids and BMO Field for Toronto FC. [178] Already in 2004, Major League Soccer began to show positive signs of long-term profitability with the ownership structure, salary cap and media and marketing umbrella Soccer United Marketing (SUM), all of which contributed to the financial security of MLS. [54] The construction of football-specific stadiums, the extension of ownership and increased television coverage end MLS revenues while respecting costs. [14] However, despite the financial problems, MLS has had some successes that have set the conditions for the resumption of the league.