Overview

• Colorado will receive an $8 million base fee along with up to $1 million in add-ons and a sell-on clause tied to any future transfer
• Mihailović formally requested the move, prompting the Rapids to agree despite their push for a playoff spot
• The 26-year-old U.S. international has contributed nine goals and seven assists in 24 starts this season, elevating his market value
• The departure alters Colorado’s playoff outlook by removing its designated-player leader and enhances Toronto’s prospects for a postseason berth
• Toronto aims to lock in the midfielder’s arrival through contract negotiations that would extend his stay beyond the current season