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3d ago

Toronto FC Secures Mihailovic in $8 Million Designated Player Transfer

The 26-year-old U.S. international has signed through 2028 to ignite Toronto’s goal-shy attack

Jul 31, 2025; Commerce City, Colorado, USA; Colorado Rapids midfielder Djordje Mihailovic (10) kicks the ball at the net of Santos Laguna in the first half at Dick's Sporting Goods Park. Mandatory Credit: Ron Chenoy-Imagn Images/File Photo
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Overview

  • The Rapids received $8 million up front in a cash deal that can reach $9 million with add-ons and includes a sell-on percentage for future transfers.
  • Mihailovic joins as Toronto’s designated player on a 3½-year contract through 2028 with a club option for 2029.
  • The midfielder personally requested the move after recording 23 goals and 18 assists in 63 appearances for Colorado this season.
  • Toronto freed up its high-value designated player slot by buying out Lorenzo Insigne and Federico Bernardeschi in July.
  • General manager Jason Hernandez called the signing a “landmark moment” that underscores the club’s commitment to revamping its struggling offense.