Inter Miami’s ascendancy in 2023 continues to capture attention as reports unveil their substantial revenue projections, amplifying their standing in the USA’s soccer landscape.
Projected to achieve approximately $200 million in annual revenue by 2024, Inter Miami’s financial prospects have surged dramatically. This projection represents a fourfold increase from their 2022 earnings.
Notably, it would set a new MLS record by a considerable margin, placing them in the company of esteemed teams like Newcastle United and Aston Villa—impressive for a club established in 2018.
Inter Miami still hasn’t lost with Lionel Messi, and now the club is projecting $200 million in annual revenue.
That’s 4x more than they brought in last year.
It would be an MLS record (by a mile), and it puts them on par with teams like Newcastle United & Aston Villa.
Insane. pic.twitter.com/ngOb6OMnuE
— Joe Pompliano (@JoePompliano) August 26, 2023
The on-field impact of Lionel Messi is amply documented. He was pivotal in victories in the Leagues Cup and an appearance in the US Open Cup final. Since Messi’s arrival, Inter Miami has maintained an unbeaten streak of nine games. In those nine games, Messi has contributed 11 goals and three assists.
Tim Cook, Apple’s CEO, lauded Messi’s influence by affirming, “We are excited about our MLS partnership, and we’re thrilled to see Messi suiting up with Inter Miami. It’s clearly in the early days, but we are beating our expectations in terms of subscribers, and the fact that Messi went to Inter Miami helped us out there a bit – and so we’re very excited about it.”
Reports from the Athletic suggest that Messi has revenue-sharing agreements with key MLS sponsors—Apple TV and Adidas. These agreements encompass the MLS Season Pass subscription and merchandise sales.
Early indications suggest that Messi is making a significant impact across all aspects of the partnership. Underlining his role in driving Inter Miami’s remarkable financial trajectory.
Current Valuation and Revenue of Inter Miami
Inter Miami, established not long ago in 2018, is defying expectations and making remarkable strides. A recent Forbes report revealed Inter Miami’s soaring valuation of $600 million, securing the 11th spot among the most valuable MLS clubs. This elite list is led by LAFC, boasting a valuation of $1 billion.
In 2022, Inter Miami reported revenue of $56 million, which is poised for significant expansion following the arrival of Lionel Messi.
Projections indicate that the club’s valuation could skyrocket to around $1.5 billion by 2024, largely attributable to Messi’s influential presence. The Argentine superstar commands an annual salary ranging between $50 million to $60 million.
David Beckham’s move to MLS is one of the best sports business deals ever:
• Earned $255M over 5 years
• Purchased Inter Miami for $25M
• Inter Miami is valued at $600MAnd now they have Lionel Messi, which will push the club’s valuation toward ~$1 billion.
Incredible 🤯 pic.twitter.com/BthRt6E4f9
— Joe Pompliano (@JoePompliano) June 7, 2023
Acknowledgment is showered upon Inter Miami’s co-owners, particularly David Beckham. The English played a pivotal role in securing Lionel Messi’s affiliation with the club. Reflecting on Beckham’s journey, his transition to MLS in 2007 has been nothing short of spectacular.
From 2007 to 2012, Beckham amassed earnings nearing $255 million with LA Galaxy —an impressive feat in itself. Furthermore, his strategic acquisition of Inter Miami in 2014 for $25 million has yielded astonishing results.