It does feel like we're at the cusp of MLS 4.0. I think cash trades are huge, but also::

Pan-American: MLS is selling like never before, but to LatAm.

Players in their Peak: MLS is leveraging the European market inefficiency mainly buying young players.

Next Pro: More, and better, HG's coming.
Reposted from Tutul Rahman
Here are my MLS generations by landmark:

Beta - '96 Launch

MLS 1.0 - '99 start of the Soccer Specific Stadium strategy

MLS 2.0 - '07 Designated Player rule, expansion & academies

MLS 3.0 - '15 TAM makes rosters better in roster spots 4-9

MLS 4.0 - Genuinely I think the cash trade rule, '25

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