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MLS player salaries 2016 released by Major League Soccer Players Union

Felipe Dana, The Associated Press)

The Colorado Rapids have not only jumped up the MLS standings this year, they’ve also made a big leap in payroll, according to figures released Thursday by the MLS Players Union. A year after being ranked 17th out of 20 MLS teams, the Rapids jumped to No. 6 overall with an annual payroll of $8.49 million.

Colorado’s payroll increased almost $3.5 million year-over-year. That was led by the acquisition of U.S. national team goalkeeper Tim Howard, who is set to make $2.57 million in guaranteed compensation this season, the 12th highest sum in MLS and the most-ever paid to a Rapids player.