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NEWS: Earthquakes Acquire Allocation Money in Trade with Toronto FC

SAN JOSE, Calif. – The San Jose Earthquakes announced today that the club has acquired $75,000 of General Allocation Money (GAM), $75,000 of Targeted Allocation Money (TAM) and the No. 6 spot in the Allocation Ranking Order from Toronto FC in exchange for the No. 2 spot in the Allocation Ranking Order.

The Allocation Process is the mechanism used to determine which MLS club has first priority to acquire a player listed on the Allocation Ranking List, which consists of select U.S. Men’s National Team players, elite youth U.S. National Team players, or former MLS players returning to MLS after joining a non-MLS club for a transfer fee greater than $500,000.