If he wants to invest $500M in a lower division then his family should have him declared legally incapable of managing his own affairs.
Anschutz investment was also stupid, but at least he was investing in a top tier (for this country) league. He's also probably made back a good piece of it from the absurd franchise fees that the MLS has somehow been able to collect. Putting twice that amount (1/2 out of pocket and 1/2 he'll raise) into what will amount to a minor league is just insane.