KANSAS CITY — The financial landscape of professional women’s soccer is shifting beneath our feet, and at the heart of this tectonic movement stand Patrick and Brittany Mahomes. According to the latest 2026 valuations released by Forbes, the Kansas City Current have reached a staggering valuation of $325 million, marking an 18 percent increase over the previous year.
This meteoric rise from their $275 million assessment in 2025 cements the Current as the second-most valuable franchise in the National Women’s Soccer League (NWSL). While they remain locked in a high-stakes race for the top spot with Angel City FC—now valued at $340 million—the gap between the two powerhouses remains slim enough to keep the title of the league’s most valuable club firmly within the Mahomes family’s sights.
A Valuation Shift Reflecting League-Wide Prosperity
The impressive climb of the Kansas City Current is not an isolated incident; rather, it is a microcosm of a league experiencing a historic gold rush. Across the NWSL, valuations have surged at an unprecedented rate. Excluding teams in their debut seasons, the average league franchise is now valued at approximately $200 million—a massive 49 percent jump from the previous year.
While the Current’s 18 percent growth is substantial, it is worth noting that the club started from a significantly higher financial base than many of its peers. High-growth organizations like the Washington Spirit have seen their valuations skyrocket by 65 percent, and clubs like Bay FC and San Diego Wave are demonstrating similarly aggressive upward trajectories. For Kansas City, the narrative isn’t about reaching the ceiling; it’s about maintaining a position at the forefront of a rapidly inflating market.
The secret to this stability lies in the NWSL’s unique structure. By operating with a salary cap and eliminating the risk of relegation, the league provides a level of financial predictability that is rare in global sports. Investors are pouring capital into the NWSL because they can project long-term success without the existential threat of a single bad season plummeting the organization’s value.
Revenue Streams and the Path to Profitability
A valuation is only as strong as the revenue backing it, and the Current are proving that their business model is built on solid ground. Forbes reports that the club is generating roughly $38 million in annual revenue, placing them on equal footing with industry leader Angel City FC.
Even more promising for stakeholders is the transition from “red ink” to profitability. While operating at a loss is a common rite of passage in professional sports—with a significant portion of MLB and MLS teams also reporting negative operating income in 2025—the Current are expected to climb out of the red as early as this year.
This financial health is bolstered by the league’s booming expansion market. With Denver paying a $110 million entry fee in 2025 and Columbus set to pay a staggering $205 million to join the fold in 2028, the $325 million price tag on a established, championship-caliber team like the Current, which also possesses its own purpose-built stadium, suddenly looks like a shrewd piece of business.
The Mahomes Influence: From Pitch to Boardroom
The involvement of the Mahomes family was never merely a ceremonial endorsement. Brittany Mahomes, having played professional soccer in Iceland, brought a genuine, tactical understanding of the sport to the ownership group, which also includes the visionary leadership of Angie and Chris Long.
When Patrick Mahomes joined the ownership fold in 2022, he became one of the first active NFL superstars to take a meaningful equity stake in an NWSL club. His involvement, alongside his interests in the Kansas City Royals, Sporting Kansas City, and the Alpine F1 team, speaks to a broader strategy of investing in the future of the “City of Fountains.”
The organization’s mission statement remains as focused today as it was on day one: “When Angie Long, Chris Long, and Brittany Mahomes brought this NWSL franchise to Kansas City, they were clear in their commitment to do it right, for the players and for the city.”
Navigating Performance and Future Potential
While the boardroom results are undeniably glowing, the pitch-side reality has proven more complex. Following their 2025 Shield-winning campaign, the club has faced internal and competitive challenges, finding themselves mid-table under head coach Vlatko Andonovski, the first coach to bridge the gap between MLS experience and the NWSL.
However, investors are showing that they are not waiting for a perfect win-loss record to validate their confidence in the franchise. With a stadium designed specifically for women’s soccer—a rarity that provides the club with total control over its revenue streams and fan experience—the Kansas City Current are positioned as a blueprint for the modern sports franchise.
As the league continues to expand and the media rights deals mature, the $325 million valuation may eventually look like a conservative estimate. For the Current, the objective remains clear: continue to build a sustainable, dominant organization that reflects the passion of Kansas City, and let the valuation take care of itself. In the high-stakes, high-reward world of professional sports ownership, the Mahomes-Long partnership has firmly signaled that they are in the game for the long haul.
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