Toronto FC Acquires USMNT Midfielder Mihailovic in MLS Second-Highest Transfer

Toronto FC acquired U.S. international midfielder Djordje Mihailovic from the Colorado Rapids in a landmark cash-for-player trade worth $8 million, with an additional $1 million in conditional payments, making it the second-largest transfer fee in MLS history. Mihailovic signed a designated player contract with Toronto through 2028, with a club option for 2029, and will be a central figure in the team's rebuilding efforts. The 26-year-old requested the trade for personal reasons and has previously played for Chicago Fire, CF Montreal, and Dutch club AZ Alkmaar. Toronto's general manager Jason Hernandez highlighted Mihailovic's prolific chance-creating ability and winning mentality as key factors in the signing. Colorado Rapids received a club-record transfer fee and retain a sell-on percentage, with hopes to reinvest in building a championship contender. Mihailovic has been a consistent performer in MLS and on the U.S. national team, with 48 career goals and 63 assists, and his arrival represents a significant boost for Toronto FC's struggling offense.