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Joao Plata signs contract extension at RSL

When you have a chance as an organization to lock down a player like Joao Plata, you do it, right?

According to an Instagram post by Plata’s agent, Gonzalo Vargas, Plata signed a new contract at Real Salt Lake. RSL Communications confirmed a contract extension and salary increase.

He also says he’s an “jugador franquicia” — a “franchise player.”

There’s something surprising here — in December 2014, RSL purchased Plata’s contract from the multiple parties that owned him, and for a time, he was a Designated Player as a result, primarily because of the acquisition cost involved.