Revolution ranked as eighth most valuable team in MLS

The value of the New England Revolution is on the rise, according to Chris Smith of Forbes.com.

The article, released on Wednesday, estimates that the Revs are worth $158 million, nearly double the $89 million figure reported in 2013. The increase saw New England move up four spots as they're currently ranked eighth in MLS. According to Forbes, the Revs have grown faster than the Philadelphia Union, Montreal Impact, FC Dallas, and New York Red Bulls.

Forbes does little to explain the methodology behind their report, only stating each team’s value, revenue, and operating income. It does claim that the Revolution’s revenue is $25 million and its operating income is $7 million. It’s worth noting that the last two numbers were estimates for the 2014 season.

While the exact numbers can be questioned, the increase in value for the Revolution does make sense. The team signed their first big-name Designated Player last year. Consequently, they've seen a boost in their attendance, which likely means an increase in merchandise sales.