[Forbes.com] Justin Birnbaum: "Sporting KC Is Being Sold For Roughly $700 Million, An MLS Record"

The Illig family, owners of Sporting Kansas City since 2006, has agreed to sell a majority stake in the team for approximately $700 million, setting a new MLS record. The buyer, an existing limited partner, will own around 80% of the team, while the Illig family will retain a minority stake and continue to lead the club's shareholder group and management.