Philadelphia Union Acquire Up To $450,000 In Allocation Money From Chicago Fire
Union trade forward CJ Sapong to Chicago
CHESTER, Pa. (February 23, 2019) – Philadelphia Union announced today that the club has received up to $450,000 in Allocation Money from the Chicago Fire in exchange for forward CJ Sapong.
The specifics of the Allocation Money are as follows: $200,000 in 2019 General Allocation Money, $100,000 in 2020 Targeted Allocation Money, and an additional $100,000 in 2019 General Allocation Money to be conveyed to Philadelphia should the Chicago Fire acquire said funds this year.
If the Fire do not acquire an additional $100,000 in 2019 General Allocation Money to convey to Philadelphia this season, then that money conveys as GAM in 2020, and the Union also receive $50,000 in 2020 Targeted Allocation Money from Chicago should Sapong hit certain performance incentives in 2019.
“On behalf of the Philadelphia Union, we would like to thank CJ for his service to the club and wish him well in Chicago,” said Ernst Tanner, Union Sporting Director. “CJ has produced many memorable moments in a Union shirt, and his efforts in the community have been admirable. With the strong state of our forward depth chart, we believe that this is the best move for both CJ and for the Union at this time.”
Over four seasons with Philadelphia, Sapong totaled 36 goals and 14 assists in 123 appearances (108 starts). He scored a career-best 16 goals in 2017, a year in which he was also the Union’s nominee for the MLS Humanitarian of the Year award. He was originally acquired by Philadelphia from Sporting Kansas City on December 8, 2014 in exchange for the Union’s highest selection in the 2015 MLS SuperDraft.
TRANSACTION: Philadelphia Union receive up to $450,000 in Allocation Money from the Chicago Fire in exchange for forward CJ Sapong on February 23, 2019
ABOUT PHILADELPHIA UNION
Philadelphia was awarded the 16th Major League Soccer franchise on February 28, 2008 and the Union were officially named on May 11, 2009. Owned and operated by Keystone Sports and Entertainment, LLC, the group launched the Philadelphia Union's inaugural season on March 25, 2010 and opened Talen Energy Stadium on June 27 of that year. Throughout the club’s history, the Union have reached the Lamar Hunt U.S. Open Cup Final in 2014, 2015 and 2018, and have also reached the MLS Cup Playoffs in 2011, 2016 and 2018. In 2019, Philadelphia Union are celebrating 10 years of top-flight action at Talen Energy Stadium, a soccer-specific stadium that has hosted internationally known clubs Celtic, Chivas de Guadalajara, Everton, Schalke 04, Aston Villa, Pumas UNAM, Stoke City, Crystal Palace, AFC Bournemouth, Swansea City AFC and Eintracht Frankfurt. For more information about Philadelphia Union, visit www.philadelphiaunion.com.
