Philadelphia Union Acquire up to $750,000 in Allocation Money from Colorado Rapids
CHESTER, Pa. - Philadelphia Union announced today that they have acquired up to $750,000 in Allocation Money from the Colorado Rapids in exchange for defender Auston Trusty in one of the largest transactions in Union history. In 2020, the Union will receive $300,000 in Targeted Allocation Money and in 2021, $300,000 in General Allocation Money.
Additionally, the Union will receive an additional $150,000 in General Allocation Money if Trusty meets certain performance metrics. Furthermore, the Union will receive 30% of the transfer fee if Trusty is sold outside of the league on or before Dec. 31, 2021 and 25% on or after Jan. 1, 2022. The percentage would only apply to any amount of total allocation money received over what the Rapids paid the Union for Trusty, not the total transaction fee.
"On behalf of the organization, we want to thank Auston for his hard-work and contributions to the team," said Ernst Tanner, Union Sporting Director. "Auston has been an integral part of our defensive line since signing with the club in 2016 and his efforts helped lead the team to consecutive playoff appearances. With the depth of our defensive roster, we believe this is the best move for both the club and Auston. As one of our homegrown signings, we are proud of his accomplishments and wish him the best of luck in Colorado."
Trusty was signed by the Union as a Homegrown Player in August 2016. He played three seasons for the club, making 56 appearances for the team and earning a career total of two goals and one assist. During the 2018 season, he was the only player on the Union to play every minute of every regular-season match, setting a new league record for the youngest field player to do so over a 34-game regular season.
Union Sporting Director Ernst Tanner will speak with the media via teleconference on Wednesday, November 20 at 5:00 p.m. ET. Members of the media who are interested in joining the teleconference can access the call by dialing 800-582-3014 and entering the code 17252609, followed by the pound sign (#) for access to the call. Upon entering the call, please announce your name and outlet, and then mute your line for the duration of the call, unless asking a question. A member of Philadelphia Union Communications will moderate.
TRANSACTION: Philadelphia Union acquire up to $750,000 in Allocation Money from the Colorado Rapids in exchange for defender Auston Trusty on November 20, 2019.
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