The home of Major League Soccer’s latest expansion team, LAFC, opened to the public for the first time on Apr. 18, 2018, yet the fans are not the only ones who are excited by the Banc of California Stadium’s potential.
The Los Angeles Times reported on May 17, 2015 that the team chose the Los Angeles Memorial Sports Arena site to build a 22,000 seat capacity, state of the art stadium for the MLS in Exposition Park, bringing excitement about another franchise and venue for Southern Californians to enjoy.
The report also estimated the project would cost $250 million, create 1,200 temporary construction jobs and 1,800 full-time jobs and generate $2.5 million in annual tax revenue, also a plus for Californians living in the surrounding cities.
The MLS can also benefit from the Banc of California stadium in a few ways.
Major League Soccer had its debut season as the best professional soccer league in the United States in 1996.
The league had 10 teams in 1996 and now has 23 teams fighting for a chance to hoist the 2018 MLS Cup.
The stadium will not only bring added revenue to the MLS, but it will help make soccer more popular in Los Angeles and hopefully more in the United States, a much needed adjustment, especially in a time following a low-point in the history of the United States Men’s National Team.
In a state that is so close to a country like Mexico, where soccer is the primary sport, soccer has been popular in the state of California, but seems to be just Southern California that has most of the state’s premier youth club teams and leagues of development.
The addition of LAFC to the MLS and a budding rivalry with cross-town giants Los Angeles Galaxy can be just what the MLS needs to gain popularity among other Americans, not just people from Southern California.
The MLS has come a long way since its opening season in 1996, just as the popularity of soccer has grown drastically since that time.
The addition of a state of the art venue for LAFC seems like only a small improvement, but for the city of Los Angeles as well as the MLS, the benefits will exceed expectations financially as well as the impact it has on raising the competition level soccer in California as well as the United States.