Major League Soccer announced on Friday that the Board of Governors approved an increase in the amount of Targeted Allocation Money (TAM) available to each club. Following the 2017 MLS season where each club received an allotment of $1.2 million dollars of TAM, all 23 MLS teams will continue to receive $1.2 million of TAM per year in 2018 and 2019. MLS clubs may pull forward and use immediately the $1.2 million of TAM designated for 2019.
MLS clubs also will have the flexibility to spend up to an additional $2.8 million of TAM, on a discretionary basis funded by the team, per year in both 2018 and 2019, which will further enhance the quality of play across the league.