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News in Brief: Nagbe’s Record Breaking Trade, Allianz Field Construction Progresses, and More

by on 14 December 2017

MLS offseason moves

We find ourselves among a flurry of MLS offseason moves this week, starting with the MLS Waiver Draft. Only two players were selected by clubs today, with the remaining eligible players now free to sign with whomever they choose.

MLS announced late last week an increase to Targeted Allocation Money (TAM) by a total of $1.2 million in comparison to the 2017 allotment. In addition, MLS teams will be able to spend an extra $2.8 million of their own funds as TAM. This influx of cash has already begun to exchange hands, with Atlanta United sending a potential total of $1.65 million in allocation money to Portland Timbers in exchange for midfielder and U.S. International Darlington Nagbe. The announced deal is expected to be the richest trade in MLS history. Portland is also expected to announce the signing of former New York Cosmos head coach Giovanni Savarese.

Interested in seeing how salary spending has changed over the last decade in MLS? Take a look at this sweet interactive graph.

Allianz Field construction update

Construction continues to make progress at the future site of Allianz Field. Structural steel first installed in the southeast corner of the stadium now wraps around the south side, with steel along the east side expected to start going in after the new year.

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