After hints that a new deal for Diego Valeri might be completed soon, the Portland Timbers finally signed their bonafide star to a multi-year contract extension this week.
The Portland Timbers announced the signing of midfielder Diego Valeri to a multi-year contract extension on Monday. The exact details of the deal were not disclosed, but it was completed with the use of Targeted Allocation Money (TAM), which is crucial to note.
It was a necessary step to move forward into the season, and with preparations now stepping up a gear this offseason, Portland can focus on filling open Designated Player slots.