- Posted by Drew Epperley
- On April 1, 2010
- 6 Comments
- Designated Player
Some big breaking news this morning. Major League Soccer has announced they are adding a second Designated Players slot to each club. All 16 MLS clubs now have the opportunity to sign at least two Designated Players.
Under the new rules, the Designated Player Rule also gives clubs the option of “purchasing” a third DP slot for $250,000 that will be dispersed in the form of allocation money to all clubs that do not have three Designated Players. DP slots may be used to sign and retain existing MLS players, but they are no longer tradable.
Lots of changes there, did you get them?
From the press release here is an example of what it will run each club:
A club’s salary budget will be charged $335,000 for its first Designated Player under contract, $335,000 for its second Designated Player under contract and $335,000 if it signs a third Designated Player. If a Designated Player joins a club’s roster in the middle of the season, that club’s salary budget for the year will be charged $167,500.
Another press conference for the media has apparently been set up for today, which means we should get even more details on all the changes to this rule.
You have to believe with these changes we’ll see more movement from some clubs this summer. No doubt the LA Galaxy, Seattle Sounders, New York Red Bulls and Toronto FC will go out and use this new rule to their advantage. Several other clubs may follow suit too.
I’m sure some clubs will still elect not to use their DP slots but now that DP’s cost a little less on each team’s salary cap you have to think it will get more clubs to use these slots. I like that change by the league.
When we get more details later today we’ll pass them along to you.