Overview

• Toronto paid $8 million upfront plus up to $1 million in performance incentives for the US midfielder.
• Colorado Rapids set a club record for transfer income and retained a sell-on clause.
• Toronto FC ranks 26th in goals scored with 25 in 24 games and is banking on his creative play to revive its attack.
• Mihailovic amassed 23 goals and 22 assists in 63 appearances for Colorado and has 48 goals and 63 assists in 243 professional matches.
• General manager Jason Hernandez called the signing a landmark moment and a clear sign of the club’s commitment to winning.