TFCnews.ca – Toronto FC Transfers, Trades, Signings & Rumors


DeRo turned down TFC in ’07
January 23, 2009, 8:26 AM
Filed under: Designated Player, Dwayne DeRosario, Toronto FC

In its first two seasons, Toronto FC has consistently packed its stadium and turned a profit, which are two accomplishments much more established MLS teams can only dream about. In year three, it is committed to getting things right on the field, and completed a vital step in that process by signing attacker Dwyane De Rosario, a native of nearby Scarborough, Ont., to a new contract.

Terms of the four-year deal aren’t known. What is known is that TFC didn’t upgrade De Rosario to a Designated Player, as D.C. United and Columbus have done with Luciano Emilio and Guillermo Barros Schelotto, respectively. But since the new contract supersedes the two years that were remaining on his previous deal, under league rules it can use allocation money to increase his compensation, and/or buy down his cap number.

A source said DeRosario turned down a trade to Toronto two years ago that would have made him a DP at a salary of $500,000 per year. Since TFC is rather flush with allocation money it has accumulated through trades as well as missing the playoffs in its first two seasons, it’s likely De Rosario is making more than he turned down back then.

Source: Click Here

Advertisements

Leave a Comment so far
Leave a comment



Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s



%d bloggers like this: