TORONTO, Canada—Toronto FC announced today that the club has acquired $225,000 in General Allocation Money (GAM) from FC Dallas in exchange for an international roster spot.
The move not only gives the Reds some much needed salary budget space to add to their roster, but also further signifies their intent to invest in homegrown talent.
“One of the reasons we’ve opted not to bring in a lot of new players is because we actually have a lot of faith in our young players and we think some of them are going to have breakouts,” Toronto FC President Bill Manning told the Waking the Red Weekly podcast on March 22.