In June, international media rights company MP & Silva offered Major League Soccer $4 billion in exchange for 10 years’ worth of global media rights from 2023, after its current deals expired.

The offer was at least four times higher than the value of the present contracts, but it had some important conditions: It included two lower tiers — North American Soccer League (NASL) and the United Soccer League (USL) — and, crucially, MLS would have to commit to a system of promotion and relegation across all three divisions.

MLS turned down the offer, stating that it was “not in a position” to engage with MP & Silva due to stipulations in their current broadcast deals but, in any case, it was not interested in the proposal.

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