Major League Soccer has forfeited its financial grip, and this summer’s record-shattering transfer spend is not a sign of health but a panic-stricken confession that too many clubs believe trophies are rented, not built. When LAFC hands a 38-year-old Olivier Giroud a designated-player deal and a Champions League-caliber wage while simultaneously loaning out young homegrown wingers,
The Spending Arms Race: MLS’s Inflated Summer Suggests a League Losing Its Financial Grip
