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John Fisher Is Selling His MLS Team, the San Jose Earthquakes

  • John Fisher confirmed on June 18, 2025, that he is selling the San Jose Earthquakes, a Major League Soccer club he co-acquired in 2007 for $20 million.
  • Fisher and Lew Wolff acquired the Earthquakes in 2007 after the previous team relocated to Houston to become the Dynamo a year earlier.
  • Since acquiring PayPal Park in 2015, the Earthquakes—who also field Bay FC in the NWSL—carried out major changes during the previous offseason, but have continued to face challenges with low attendance and payroll.
  • In January 2025, Sportico estimated the franchise's worth at $600 million, and MLS Commissioner Don Garber expressed gratitude to the Fishers for their enduring dedication to both the club and the San Jose community.
  • The sale process, led by investment bank Moelis & Co., may help Fisher finance his new $1.75 billion Athletics ballpark in Las Vegas, with expectations to identify new ownership soon.
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Sports Illustrated broke the news in New York, United States on Wednesday, June 18, 2025.
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