Inter Miami's valuation held steady at $1.2 billion in Forbes' 2025 rankings, the only major MLS franchise posting zero growth. the flat valuation masks deteriorating financial fundamentals: operating losses widened to $47 million in 2024 despite $650 million in cumulative ownership investment. Beckham and Mas' team ranks fourth in MLS value, behind only LAFC ($1.35B), LA Galaxy ($1.32B), and Seattle ($1.27B). The stagnation reflects investor fatigue over sustained losses and limited path to profitability, even with Lionel Messi commanding $462 million in three-year salary spend. MLS valuations averaged 8.2% growth league-wide; Inter Miami's zero percent signals market concern about franchise burn rates outpacing revenue expansion.