Whitecaps up for sale, could approach $500 million

(Photo credit: Alex Gallardo-Imagn Images)
The Vancouver Whitecaps are up for sale and could fetch close to $500 million.

Majority owner Greg Kerfoot and his group that includes former NBA star Steve Nash have retained Goldman Sachs to oversee the process. Sportico pinned the franchise's value at $470 million in January.

The plan is to sell the franchise to someone who will keep it in Vancouver.

"The current ownership