after paying vegara $70 mill for the chivas funeral, up to $530 000 000 will be placed in the MLS coffers between 2015-2018- $100 mill expansion fees from each of orlando, NYCFC, Atlanta, LA2 and 2of 3 of miami/sacramento/minneapolis/or ?- it might be closer to $450 mill as miami might get in for only $25 mill keep in mind that they also have a new tv contracts at $100 000 000 for each of the next 5 years - so another $500 mill wow-- over $900 000 000 extra cash for the MLS up to 2020!!!!!!!!!!!!!!!!!! this is not 'pie in the sky' money- it is coming into MLS coffers and how it is used will make a huge impact if used wisely and strategically where do you think the MLS should spend it? (besides on your mortgage and bills and whatever else you would like to spend it on) possibilities: 1. return some money to all owners 2. referee upgrading 3. soccer academies 4. USL Pro league 5. college programs/scholarships 6. player salaries/salary cap 7. coaching programs starting at the youth level 8. stadium upgrades for existing teams 9. supporting womens' pro league- NWSL
Number 1, owners will most/all of it. The sad thing is the owners that aren't spending anything (yes, I'm I'm talking about Andrew "Dollar Menu" Hauptman) are going to get the same amount as the owners that are.
Remember that: A. There are investors in MLS that aren't owners of teams, they'll get part of those funds and won't be using them on teams. and B. For the TV contract a chunk of SUM (25%?) was sold to outside investors a couple of years ago and they're going to take their share before any MLS team sees a penny.
never knew that- thx for the info but we both surely agree that there is still a BIG chunk of money at MLS' disposal in excess of $ 700 mill by 2018 after some investors, etc get their dibs the purpose of the discussion is for people to give their top 2-3 items that should get the financial focus- its NOT a what if- it is reality and for the MLS to be 1 of the top leagues in the world- as garber has envisioned by 2022- how this splurge of money is used now will determine whether or not that vision is reached in just 8 years it may seem like a flamboyant topic, but 8 years is a very short time frame for the vision to be reached
I would invest half of it in low risk mutual funds and then take the other half over to my friend Asadulah who works in securities.
well that certainly eliminates you from any MLS job to help them decide-- they require people who have something intelligent to say and believe in the future of soccer in the usa and canada and MLS
Don't forget that the TV money is for SUM NOT MLS. US Soccer will take their cut, SUM will pay out investors and MLS will get their cut.