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Columbus Pays $205M for NWSL Franchise, Haslam Bets Three-League Portfolio

Expansion fee jumps 24% in five months, guaranteeing Atlanta's full payment and signaling accelerated women's soccer valuations.

Published May 29, 2026 Source Forbes From the chopped neck
Subject on the desk
Columbus NWSL (Haslam Sports Group)
PLATINUM · May 29, 2026
HENRI IV · May 29, 2026

Columbus Pays $205M for NWSL Franchise, Haslam Bets Three-League Portfolio

Expansion fee jumps 24% in five months, guaranteeing Atlanta's full payment and signaling accelerated women's soccer valuations.

Source Forbes ↗

Haslam Sports Group paid $205 million for an NWSL expansion franchise in Columbus, the league announced Tuesday, establishing a new record just five months after Atlanta's group committed $165 million for the same privilege. The Columbus club begins play in 2028. The Haslams—Jimmy, Dee, and son JW—already own the NFL's Cleveland Browns and MLS's Columbus Crew.

The 24% premium over Atlanta's fee carries secondary mechanics. Atlanta's agreement included language tying full payment to subsequent franchise sales meeting or exceeding certain thresholds. Columbus cleared the bar. The league now collects both checks in full, injecting roughly $370 million into NWSL coffers over eighteen months and validating the valuation ramp ownership has been pitching to institutional allocators since the league's media rights deal closed last year.

The Haslam structure matters because it demonstrates comfort with women's soccer as a third vertical inside an already stretched portfolio. The Browns require constant front-office attention. The Crew just opened a $315 million stadium in 2021 and pulled MLS Cup attendance north of 20,000 per match in 2024. Adding NWSL means splitting executive bandwidth, sharing venue economics with Major League Soccer, and accepting that Columbus will compete with itself for corporate sponsorship dollars in a market where Nationwide, Acura, and regional healthcare systems already write eight-figure checks to the Crew.

The bet assumes sufficient sponsor appetite exists to support two professional soccer teams without cannibalizing. Cincinnati tried this with FC Cincinnati (MLS) before securing its own NWSL club. Orlando runs both Pride (NWSL) and City SC (MLS) under separate ownership but inside the same metro. Columbus is the first test where one family-office portfolio absorbs both clubs. If it works, expect family offices eyeing MLS expansion in Las Vegas, Phoenix, or San Diego to pitch NWSL doubleheaders as part of their stadium proposals.

The $205 million number also resets the floor for Boston, whose expansion announcement is expected this summer and whose ownership group includes private equity and Celtics-adjacent capital. Boston was rumored to be negotiating closer to $180 million before Columbus closed. That figure now looks stale. League sources expect Boston's final fee to land between $210 million and $225 million, particularly if the group secures a Fenway Park pitch agreement for select marquee matches.

The Columbus club will share Lower.com Field with the Crew, giving NWSL its second purpose-built soccer venue under 25,000 seats designed for sightlines that don't punish women's attendance patterns. The Crew averaged 20,342 fans per match in 2024. The NWSL club will target 12,000 to 14,000 per match by year three, according to people familiar with the business plan. The stadium's premium seating and club spaces were built with dual-tenant use in mind. Crew season-ticket holders will receive first access to NWSL memberships, a tactic that worked in Cincinnati and Orlando but requires careful sequencing to avoid diluting either property.

Haslam Sports Group declined to name a team president or technical director. The hire sequence typically runs president first, technical staff within sixty days. Expect movement before the NWSL draft in December, when Columbus will begin backfilling its technical operation. The league grants expansion clubs $2 million in allocation money for their first roster cycle and priority access to unprotected players from existing clubs, mechanics that let Atlanta and Utah field competitive squads within eighteen months of announcement.

The 2028 start date gives Columbus thirty months to build a front office, assemble a technical staff, and negotiate kit and training-facility agreements. The Crew's current kit deal with Adidas runs through 2027. Whether Haslam negotiates a unified Adidas deal covering both clubs or splits apparel partners to unlock separate revenue streams will signal how much the family office values brand separation versus operational efficiency.

Boston's announcement timeline is now the next variable. If Boston closes by July, the league will have added four franchises and roughly $575 million in expansion fees since January 2025, compressing a growth arc that took MLS a decade into thirty-six months.

The takeaway
Columbus's **$205M** fee guarantees Atlanta's full payment and establishes Boston's floor north of **$210M**, injecting **$575M+** into NWSL in three years.
nwslexpansionhaslamwomens-soccerfranchise-valuationcolumbus
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