Carlos Vela has become a minority owner of LAFC, purchasing a 6% stake in the club alongside two other investors, a league source confirmed to ESPN. This move comes after Brooklyn Nets owner Joe Tsai sold his stake in the franchise. Sportico first reported the news.

Vela, 37, a retired MLS legend beloved by LAFC fans, previously scored 93 goals in 187 matches during his playing career. His acquisition highlights a wave of MLS ownership changes, including Peter Mallouk's $700 million purchase of a controlling interest in Sporting Kansas City and the Miller Family's $580 million acquisition of Real Salt Lake. While Vela's purchase is significant, it reflects broader trends of investment and valuation shifts across the league.