Toronto FC show their intent by acquiring General Allocation Money

Toronto FC’s trade with the Colorado Rapids hints at their game plan, as they aim to improve the roster following a disastrous 2021 campaign.

Toronto FC are coming off arguably their worst year since entering MLS in 2007, as they set franchise marks for most goals conceded and worst goal difference in a regular season. However, all signs indicate they are firmly focused on — and capable of — turning their fortunes around and returning to contender status.

Most TFC fans will already be aware of the ongoing speculation surrounding their audacious bid to bring in Italian superstar Lorenzo Insigne. The club has also taken steps to shore up their porous defence, by signing versatile centre-back Shane O’Neill.

Certainly, the Reds are not afraid to spend money, as evidenced by ending the 2021 season with the third-highest payroll in MLS. As such, Thursday’s news should come as no surprise.

As per TFC’s communications team, the club has acquired $75,000 in 2022 General Allocation Money (GAM), along with the 22nd position in the Re-Entry Draft and waiver order from the Colorado Rapids. In exchange, the Rapids received the second position in both the Re-Entry draft Stage 2 and in the waiver order.

In other words, Toronto FC are looking to have as much salary cap money available as possible to improve their roster. As per the new Collective Bargaining Agreement which was agreed earlier this year, GAM is set to increase from $1,525,000 to $1,625,000 in 2022.

Understandably, the acquisition of more GAM will lead to the question of if TFC already has a specific player in mind to use the extra money towards? Certainly, the coming weeks are going to be very intriguing for Reds fans.

Do you agree with the decision to trade positioning in the Re-Entry draft Stage 2 and the waiver order in exchange for more money towards the roster? Let us know in the comments section below.