D.C. United Acquire $50,000 in TAM from Columbus Crew SC
August 8, 2019 - Major League Soccer (MLS) - D.C. United News Release
WASHINGTON - D.C. United have acquired $50,000 in Targeted Allocation Money (TAM) from Columbus Crew SC in exchange for $50,000 in General Allocation Money (GAM) for the 2019 season.
General Allocation Money (GAM) is an annual allotment of money that is available to a club in addition to its salary budget. GAM can be used to sign players who are new to Major League Soccer, to re-sign an existing MLS player, to offset loan and transfer fees, to extend a new MLS player's contract for a second year and to reduce the Salary Budget Charge of a Designated Player to a limit of $150,000.
Targeted Allocation Money (TAM) are funds strategically provided by the league to teams to add or retain players that will make an immediate impact on the field.
TRANSACTION: D.C. United acquired $50,000 in Targeted Allocation Money (TAM) from the Columbus Crew in exchange for $50,000 in General Allocation Money (GAM) for the 2019 season.
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