*Membership spots not really limited!
I think No-Varr has got that locked up, Hulkling is too Skrully.
He hasn't gone by Captain Marvel in years.
He's The Protector now.
And he always felt like a placeholder anyway. They never knew what to do with him - and still don't.
On top of that, he has no connection whatsoever to the Vell family or even the Kree of this dimension.
Teddy is Mar-Vell's son. With Genis dead, he's the rightful heir to the title, IMO. Him being part Skrull only adds to it. It'd be interesting to have a skrully Captain Marvel.