This card gave us the "New York" the state in which Woodstock Festival was held, and also a reference to the fact that it was held at a dairy farm, with the "Bull" of Red Bulls.
Of course the Red Bull is the drinks maker, who seem to sponsor many sports - a good way of advertising their wares.
Before Red Bull got involved with the team though, they were the New York/New Jersey Metro Stars, and they were founded in 1994, even before Major League Soccer was a thing. That did not start for another two years. The reason that the team had two names is that they were based in New Jersey but wanted to represent the entire New York area. They were bought by Red Bull in 2006.
The first set of Topps MLS cards was issued in 2012 - however it appears that it was not commercially sold, it was only given out as promotional material to people at Major League Soccer and Topps. The reason why this was the first year was because in this year Topps first gained the licence to produce Major League Soccer cards. The first eleven cards all showed the New York Red Bulls, and the first card of all is very sought after as it shows Thierry Henry - who had joined them in 2010, but returned to Arsenal the same year these cards were produced, and then retired in 2014.