MLS Franchise Profile

Real Salt Lake

Sandy, UT · Western · Founded 2004

Last updated: Sep 20262 transactions on fileProfile status: partial
Valuation snapshotSource: Sportico MLS Valuations, Feb 2026
Latest estimated value
$580M
Estimated annual revenue
$57M (Sportico 2026, 2025 season)
Implied revenue multiple
10.2x (calc.)
YoY change
+10% (1-yr)
Most recent transaction
Control Sale
Implied valuation, last tx
$600M
Ownership
Controlling ownerMiller family / Miller Sports + Entertainment (David Blitzer remains largest minority holder)
Ownership stake
Owner since2025
Acquisition price$600M (2025)

Transaction history

2 on file
DateTypeBuyerSellerStakePriceImplied ValMult.Conf.
2025-04-18Control SaleMiller family (Miller Sports + Entertainment)David Blitzer (stays as minority) & Smith Entertainment Group (full exit)Majority (RSL + Utah Royals)$600M$600MHigh
2022-01-05Control SaleDavid Blitzer & Ryan Smith (with Arctos)Dell Loy HansenControl (incl. stadium, training center)~$400M$400MHigh

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Valuations and revenue estimates on this page are sourced from publicly available reporting and are presented for informational purposes only. SportsCapIQ is not affiliated with the Real Salt Lake, the MLS, or any party referenced. See full methodology and disclaimer.