Philadelphia Union Acquire Up To $200,000 In General Allocation Money From FC Cincinnati
Union acquire $150,000 in guaranteed General Allocation Money plus $50,000 in conditional General Allocation Money in exchange for five 2019 MLS SuperDraft selections
CHESTER, Pa. (January 9, 2019)– Philadelphia Union announced today that the club has acquired up to $200,000 in General Allocation Money from FC Cincinnati in exchange for five selections in Friday’s 2019 MLS SuperDraft (picks number 13, 29, 37, 61 and 85).
“When evaluating how we want to build our roster for the 2019 season and beyond, we decided that acquiring this money is the best use of our SuperDraft resources,” said Ernst Tanner, Union Sporting Director. “Not only will we look to continue both signing Union Academy products for the First Team and Bethlehem Steel FC, as well as attracting young talent from abroad, we believe that this sum of money will help us complete crucial signings ahead of the upcoming campaign.”
Specifics of the trade are as follows: in exchange for the draft choices, the Union receive a guaranteed $150,000 in 2019 General Allocation Money and an extra $50,000 in conditional 2020 General Allocation Money pending certain performance metrics being met by players chosen by Cincinnati in the SuperDraft.
TRANSACTION: Philadelphia Union receive up to $200,000 in General Allocation Money from FC Cincinnati in exchange for five selections in the 2019 MLS SuperDraft (picks 13, 29, 37, 61 and 85) on January 9, 2019.