Sporting Kansas City announced Wednesday that the club has acquired Targeted Allocation Money from New York City FC in exchange for a 2016 international roster spot.
Targeted Allocation Money allows MLS clubs to further invest in their roster outside of the player salary budget and may be used in four ways:
- Clubs may use the funds to sign a new player, provided his salary and acquisition costs are more than the maximum salary budget.
- Clubs may re-sign an existing player, provided he is earning more than the maximum salary budget.
- Clubs may buy down the budget charge of an existing Designated Player (no longer making that player a DP), provided the club concurrently signs a new Designated Player at an investment equal to or greater than the player he is replacing.
- Clubs may trade their Targeted Allocation Money to another club.
In 2016, a total of 160 international roster spots are divided among the 20 MLS clubs. These spots are tradable in full season increments, such that some clubs may have more than eight and some clubs may have fewer than eight. There is no limit on the number of international roster spots on each club’s roster.
The following players occupy international spots on Sporting Kansas City’s current roster: Nuno Andre Coelho, Jimmy Medranda, Soni Mustivar, Jordi Quintilla, Diego Rubio and Daniel Salloi.
Transaction: Sporting Kansas City (MLS) acquires Targeted Allocation Money from New York City FC (MLS) in exchange for a 2016 international roster spot.