American midfielder Djordje Mihailovic joins Toronto FC from the Colorado Rapids in a transfer that could reach $9 million, according to MLS clubs. The Colorado Rapids will receive $8 million guaranteed and up to an additional $1 million subject to the fulfillment of certain performance metrics. This move becomes the second-largest cash transfer in MLS history, surpassed only by FC Cincinnati’s acquisition of Evander. In addition, Colorado retains a percentage on a future sale of the player, who has signed a contract as a Designated Player with Toronto until 2028, with a club option for 2029. Mihailovic, who arrived at the Rapids in January 2024 from the Dutch club AZ Alkmaar, requested the transfer “for personal reasons”.
The player added that he requested the transfer to Toronto for personal reasons and thanked the club for its professionalism and understanding in facilitating the transfer.I want to thank everyone at the Colorado Rapids for everything they have done for me over the past year. This club brought me from Europe and supported me in my dream of representing the United States in the Olympics.
Djordje Mihailovic
Mihailovic began his career at Chicago Fire and previously spent two seasons in Canada with CF Montreal. Toronto occupies the 12th position in the Eastern Conference, 14 points away from the playoff spots.We are delighted to welcome Djordje and his family to Toronto at this important moment in the evolution of our club. Djordje’s hiring is a historic moment, not only for our team, but also for our fans, as the clearest symbol of our ownership’s intention and commitment to win.
Jason Hernandez, General Manager of Toronto FC
