What: N.Y. Cosmos owner Rocco Commisso has put forth a US $500 million plan (half of which would be his own investment) for an American soccer entity to rival MLS and boost U.S. Soccer. Why it matters: A push to host a future FIFA World Cup, providing a major boost to the sport in North America, would be helped by an even stronger, more unified pro base.

With American soccer fans —and brands— scrambling after the U.S. men's national team failed to qualify for the FIFA World Cup (@FIFAWorldCup) for the first time since the Reagan administration, there has been no shortage of opinions about potential ways to get the program back on track— from the grassroots on up, numerous outlets have reported that New York Cosmos (@NYCosmos) owner Rocco Commisso has put forth a US $500 million plan for a league that might even compete with MLS (@MLS).