NEW YORK (Wednesday, Dec. 9, 2015) – Major League Soccer today announced that nearly $37 million will be added to league-wide player compensation during the next two seasons, providing clubs the opportunity to sign more impact players in the middle of the roster and add young homegrown talent.
Each MLS club will receive an additional $800,000 in Targeted Allocation Money for the 2016 season and an additional $800,000 for the 2017 season. Targeted Allocation Money is used by clubs to add depth to their rosters by strategically investing in players that make more than the 2016 maximum budget charge of $457,500 (but who are not Designated Players).