Salt lake city

Real Salt Lake valued at $ 420 million in recent valuation


SALT LAKE CITY, Utah – Real Salt Lake is valued at $ 420 million, according to a recent Sportico valuation.

“Sportico is a high-quality digital content company that provides breaking news, data, insight, strategy, leadership and breaking news about the sports industry,” read their biography on Twitter.

The $ 420 million valuation ranks Real Salt Lake 22nd most expensive teams in Major League Soccer. The only teams ranked below Real Salt Lake are FC Dallas, Orlando City, Vancouver, Montreal and Colorado Rapids.

On May 12, 2021, it was announced that the Wilf family had purchased Orlando City SC for a price of between $ 400 million and $ 450 million. Sportico has Orlando City SC estimated at $ 400 million in their recent valuation.

Real Salt Lake is still on the hunt for an owner, following Dell Loy Hansen’s announcement last summer that he was going to sell the team over allegations of misconduct at work.

Major League Soccer has given Hansen until January 8 to find a suitable buyer. He was unable to do so and therefore offered the league sale process.

Days later, MLS commissioner Don Garber said he “hopes to sell the team in 2021”.

Since then, many rumors have surfaced but nothing concrete has come about RSL’s ownership dilemma. Many experts have speculated that Utah Jazz owner Ryan Smith was the leader in the quest to own Real Salt Lake. However, his latest social media remarks indicate that the league is asking too much for the sale and that he is not prepared to pay as much as the league is asking.

The selling price the league is asking for remains unknown.

Next game for Real Salt Lake

RSL’s next game is on the road against LAFC on Saturday, July 17. The kick-off is scheduled for 8:30 p.m. and can be streamed for free via the KSL Sports and KSL 5 TV apps or on KSL Sports dot com.


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Mary Cashion

The author Mary Cashion