
Chicago Fire Acquires General Allocation Money from FC Cincinnati in Exchange for the Rights to Andrew Gutman
August 1, 2019 - Major League Soccer (MLS)
Chicago Fire FC News Release
BRIDGEVIEW, Ill. - The Chicago Fire Soccer Club announced today that it has acquired $50,000 in 2019 General Allocation Money (GAM) from FC Cincinnati in exchange for the rights to defender Andrew Gutman and the Club's natural third-round selection in the 2020 MLS SuperDraft. Additionally, the Fire could receive up to an additional $150,000 in GAM if Gutman is added to FC Cincinnati's roster and meets certain performance-based metrics. The Fire will also receive a percentage of any future revenue should FC Cincinnati transfer or loan Gutman outside of MLS.
The Men in Red will return to league play on Saturday, Aug. 3 when they take on the Houston Dynamo at BBVA Stadium. Beginning at 8:00 p.m. CT, the match will be broadcast live on ESPN+ and transmitted locally on Univision Radio WRTO AM 1200. The ESPN+ pregame show, presented by CIBC, will begin at 7:45 p.m. CT.
Transaction: Chicago Fire Soccer Club trades the rights to defender Andrew Gutman and its third-round selection in the 2020 MLS SuperDraft to FC Cincinnati in exchange for $50,000 in GAM (May 15, 2020 expiration), future considerations and a percentage of any future revenue should FC Cincinnati transfer or loan Gutman outside of MLS.
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The opinions expressed in this release are those of the organization issuing it, and do not necessarily reflect the thoughts or opinions of OurSports Central or its staff.
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