31Jan/150
Is Sacramento Now the Favorite for MLS Expansion?
The Sacramento Republic received a big boost on Thursday night. The San Francisco 49ers owners announced that they will invest in the team as the USL Pro side vies for MLS expansion, per the club's official website. The Sacramento Kings are also involved with Republic FC, and these two owners as business partners will make the California city an attractive market for MLS expansion.Jed York, the 49ers' CEO, told The Sacramento Bee that the Republic's lead investors are "a great group of people" and that he's confident of the club gaining MLS status.
York's confidence is understandable. Vivek Ranadive, the Kings owner, is worth $700 million, according to CelebrityNetWorth.com, and is close friends with Sunil Gulati, the president of U.S. Soccer, per Marcos Breton and Dale Kasler of The Sacramento Bee.
Meanwhile, York has an estimated net worth of $2.6 billion as of 2013, per ESPN The Magazine's Seth Wickersham, so there is certa...
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