MLS joins cash game as Houston Dynamo buy Philadelphia Union’s McGlynn
February 4 – Beginning in January, Major League Soccer (MLS) began allowing teams within the league to trade players for cash. Houston Dynamo FC wasted no time in opening up their wallets to acquire Philadelphia Union midfielder Jack McGlynn (pictured) in the first cash-for-homegrown player trade.
Philadelphia will receive $2.1m in guaranteed money and also retain a sell-on percentage of any future transfer. Additionally, the Union could receive a further $1.3m if McGlynn meets designated performance milestones.
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