Djordje Mihailovic, a 26-year-old US international midfielder, has been traded from the Colorado Rapids to Toronto FC in a significant move that involves up to $9 million in cash and a sell-on fee. The package includes an immediate payment of $8 million with an additional potential $1 million contingent on achieving certain performance targets.
With this transfer, Mihailovic becomes a Designated Player for Toronto, marking one of the highest cash-for-player transactions in Major League Soccer history, second only to FC Cincinnati’s recent acquisition of Evander from the Portland Timbers for $12 million guaranteed plus incentives.
Mihailovic has also secured a new contract with Toronto FC that extends through 2028, with an option for an additional year in 2029.
Toronto FC’s general manager, Jason Hernandez, expressed enthusiasm about the acquisition, stating, “We are thrilled to welcome Djordje and his family to Toronto at this important time in our club’s evolution. The signing of Djordje is a landmark moment, not just for our team, but for our fans, as the clearest symbol of our ownership’s intention and commitment to winning.”
This deal exemplifies Toronto’s ambitions and strategic focus on enhancing their roster, indicating a positive trajectory for the club as they seek to fortify their competitiveness in the league. With Mihailovic’s talent and potential, fans have much to look forward to in the coming seasons.