[1] The Seacoast United Phantoms are the current champions, having defeated Peoria City 3–2 in extra time to win the 2024 USL League Two Championship final on August 3, 2024.

The inaugural season of the new USISL Premier League featured 27 teams, and the Richmond Kickers won the first title, beating the Cocoa Expos 3–1 in the championship game.

In 1998 the PDSL took to the field with 33 teams, including four associate members from the Pacific Coast Soccer League who played shortened schedules after their PCSL season was over.

In the championship game the San Gabriel Valley Highlanders upset regular season champions Jackson Chargers 3–2, taking the trophy to California for the third straight year.

Expansion franchise Chicago Sockers ultimately won the league, beating Spokane Shadow 3–1 for the title in a tight championship game.

[7] The PDL expanded by a further eight franchises in 2000, and the Chicago Sockers won their second straight title, beating the Mid-Michigan Bucks in a close 1–0 championship game.

The single goal was scored by Rodrigo Costa who, having received a pass from teammate Hamid Mehreioskouei, chipped Bucks goalkeeper Eric Pogue from 18 yards through a crowded penalty area.

A TV agreement with Fox Soccer Channel saw the PDL Championship game being broadcast live on national television in North America for the first time, and professional teams began investing in the league by adding U-23 development sides as an addition to their senior rosters.

Cape Cod repeated as PDL champs in 2003, beating the Chicago Fire Reserves in the final[11] (and despite the presence of Jürgen Klinsmann playing for Orange County Blue Star), while 2004 saw the title head to Florida for the first time as the Central Florida Kraze overcame perennial bridesmaids Boulder Rapids Reserve.

[18] The 2010s began with a record, as the Portland Timbers U23s ended the season as national champions, beating Thunder Bay Chill 4–1 in the 2010 PDL Championship game.

Portland Timbers U23s striker Brent Richards was named League MVP and Rookie of the Year for his stellar campaign with the national champions.

[21] Western Conference teams dominated the league in 2011 for the third year in a row, with the Kitsap Pumas ending the season as national champions, beating Laredo Heat 1–0 in the 2011 PDL Championship game.

Jake Keegan of the Westchester Flames was named Rookie of the Year after tallying 16 goals in 16 games to take the league goal-scoring crown.

[25][26] In 2014, the Michigan Bucks would claim their second PDL Championship, defeating the Kitsap Pumas 1–0 on August 3, 2014, following a strong regular season campaign with a record of 9–2–3.

The 2015 season would see league newcomers, New York Red Bulls U-23, put forth a very strong showing, finishing first in the Mid Atlantic Division and making it all the way to the Championship Final, before falling to the lower-seeded K-W United FC, who emerged from the very competitive Great Lakes Division, fending off perennial contenders and rivals Forest City London and the defending champions Michigan Bucks on their path to the final.

United would come away winners 4–3 over the Red Bulls on August 3, 2015, at Starfire Stadium in Tukwila, Washington, to claim their first-ever championship and the third for a Canadian club.

[39] As USL League Two seasons take place during the summer months, the player pool is drawn mainly from elite college soccer players seeking to continue playing high-level soccer during their summer break, which they can do while still maintaining their college eligibility, as USL2 is not considered a professional league.