MLS announced a huge increase in allocation money (AKA Garberbucks) today. Teams will be able to spend $4M more per year on salaries.
The nice thing is that it will undoubtedly increase the quality of play in the league. Teams will be able to target several first-division-European-caliber players with this money.
Critics of the league won't like that bigger contracts may entice younger domestic players to stay home instead of head overseas. The MLS will also develop stronger Latin American players, like the Kendal Watsons of the world, who helped bury our World Cup chances, by raising all ships with the tide.
All-in-all though, a great move. There's not a world power out there that doesn't have a good domestic league. I see this being a step in the right direction.
Also in great news, 20 year-old American midfielder Keaton Parks signed a contract with Benfica with a 40M (!!!) EUR release clause. They must think very highly of him!