Sentences with phrase «allocation money»
"Allocation money" refers to funds that teams in a sports league can use to sign or trade players. These funds can be used to pay for player salaries, acquire new players, or improve the team's overall roster. It allows teams to have more flexibility in managing their finances and making strategic moves to strengthen their team. Full definition
However, he did say that the potential signing would be below the designated player level, and the club would likely use targeted allocation money in the deal.
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San Jose used targeted allocation money in the deal, which a source told ESPN FC on Thursday will pay Hyka about $ 500,000 a season.
According to ESPN's Taylor Twellman, the Revs were offered $ 750,000 in Allocation Money for Lee Nguyen, but the club turned it down.
The Seattle Sounders still have space to add a Designated Player, though that player is likely to come in the secondary transfer window later this year in order to maximize the available targeted and general allocation money.
Terms of De Jong's contract were not released, but it is believed to be a one - year deal worth less than $ 1 million, financed partly through targeted allocation money from the league.
The trade of their 16th pick for allocation money certainly suggests that the team wants to use that money on some new players — Lagerwey specifically said that they are looking at veteran players in midfield and «slightly more attacking roles.»
Probably for small amount of allocation money.
Since advancing to the Knockouts earns an MLS club Allocation Money, it is a key way to help alleviate salary cap hell.
Official: Yamil Asad joins D.C. United; Atlanta United receives allocation monies - Dirty South Soccer
Cornerstones of their club's attacks, both are a level higher than Dwyer, who commanded the most allocation money in MLS trade history.
Colorado Rapids Soccer Club announced today the signing of striker Yannick Boli from Dàlián Yīfāng of the Chinese Super League to a one - year deal using Targeted Allocation Money.
Standing six - foot - one, Camacho was acquired on a permanent transfer from his Belgian club using targeted allocation money, so he does not have designated player status.
TRANSACTION: Colorado Rapids — March 15, 2018 — Rapids sign striker Yannick Boli, using Targeted Allocation Money, to a one - year contract.
Aketxe, 24, had his contract with the Spanish club terminated by mutual consent last week to facilitate his move to Toronto, who will use targeted allocation money to sign the midfielder.
The source said Hyka will earn a salary of around $ 500,000, meaning the Quakes will have to use targeted allocation money to get him under the...
Dallas also obtained $ 250,000 in general allocation money and $ 250,000 in targeted allocation money in the deal.
The Revs used Targeted Allocation Money to nab the 21 - year - old Caicedo and will hold rights for a permanent transfer option for 2019.
There were no rumors gaining traction that the team was set to directly spend the Target Allocation Money it received from Chicago on a top holding midfielder from elsewhere in the world.
The Seattle Sounders have the room to add a player using Targeted Allocation Money and to buy down Ozzie Alonso's contract in order to add a Designated Player who would make more than Alonso's deal.
Targeted Allocation Money (TAM), which transformed how squads are constructed, was in part made to close the significant gap between MLS clubs and top teams below the border.
Seattle Sounders FC have the cap space, the Allocation Money, an international slot and the resources to sign a player, and yet the rumor mill is dry.