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. Targeted Allocation Money 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.