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Austin FC Flops: Cash the Culprit?
Austin FC isn't winning, despite spending big. So, is money really the problem?
Published July 3, 2024 at 9:00am by Beck Andrew Salgado
Austin FC's Monetary Woes: Big Spending, Little Success
After a stellar season last year, Austin FC now struggles. A single stat may explain their woes: money.
Spending Big, Returning Little:
- Austin FC's annual payroll: $14 million ^1.
- 13th highest-spending team in the league.
- Performance: 14th in points, 8th in the Western Conference.
- A higher spend doesn't always equate to wins.
Breakdown of Spend:
- Forward positions: 9th highest spend in the league ^1.
- Defense: 21st in spending ^1.
- Conceding goals is an issue.
Top Earners:
- Sebastian Driussi: $3.8 million p.a. - 6th highest-paid player in the league.
- Emiliano Rigoni: $2.04 million.
- Alex Ring: $1.66 million.
- Gyasi Zardes: $1 million.
- Julio Cascante: $773,750.
Valuable Club:
- Austin FC ranked 21st globally, valued at $800 million ^2.
- The youngest team on the list by far.
- Major League Soccer (MLS) well-represented in top 20:
- LAFC, Atlanta United, Inter Miami, LA Galaxy, and New York City FC ahead of Austin FC.
Rapid Growth:
- Austin FC's value surged by $170 million last year ^3.
- 6th-place ranking in MLS, up from 9th.
- Revenue increased from $50.5 million in 2021 to approx. $87 million in 2023 ^4.
Factors for Success:
Read more: Austin FC continues to underwhelm, is investment in the team to blame? Here's what to know