Fifth Circuit upholds dismissal of NAR three

Billy Odell Tucker-Robinson Founder & Host — Banking With Billy Network • Financial Intelligence • Markets • World News • Independent Analysis
Published: 2026-09-11 • Permanent link

Momentum shifts in the US sports landscape as the Fifth Circuit Court of Appeals has upheld the dismissal of a 2025 lawsuit filed by the National Association of Realtors (NAR) against Major League Soccer (MLS). The court ruled that the MLS's access and association membership requirements did not cause antitrust injury. This decision is a significant victory for MLS, which has been working to expand its reach and grow its fan base.

The implications of this ruling are far-reaching, with many investors and analysts watching closely to see how it will impact the sports industry as a whole. The MLS has been rapidly expanding its presence in the US, with several new teams joining the league in recent years. The league's growth has been driven in part by its efforts to increase access to soccer for American fans, and this ruling could pave the way for further expansion.

MLS has a long history of competition with other professional sports leagues in the US, including Major League Baseball and the National Football League. The league has faced numerous challenges over the years, including struggles to attract and retain top talent. However, under the leadership of Commissioner Don Garber, the MLS has made significant strides in recent years, and this ruling could be a major boost to the league's efforts to establish itself as a major player in the US sports market.

As the MLS looks to the future, there are several key catalysts to watch. The league will be expanding to new cities in the coming years, including a planned expansion to the US West Coast. The league will also be working to increase its presence in the US market, including through the launch of a new television network. With this ruling in its favor, the MLS is poised to make significant strides in the coming years, and investors will be watching closely to see how the league's growth plans play out.