Orlando City SC traded the rights to midfielder José Cifuentes to LAFC in exchange for $100,000 of General Allocation Money from Los Angeles FC.
Cifuentes helped to lead the Ecuadorian under-20 team to a first-place finish at the 2019 South American U-20 championship and a third-place finish at the 2019 FIFA U-20 World Cup. He made his senior debut for the national team in September 2019.
“We identified José prior to the 2019 U-20 Men’s World Cup and quickly put him on our discovery list,” Orlando City executive vice president of soccer operations Luiz Muzzi said. “We’ve now built a roster where we already have depth and a high level of quality in this position, so to make a trade for $100,000 in GAM gives us the ability to spend some money on additional areas of the field and is really a credit to the talent of our scouting team.”
The news of this transaction came shortly after the team announced the acquisition of midfielder Júnior Urso, whose salary will come in above the MLS salary cap. Up to $150,000 worth of GAM can be used to buy down a player’s salary so that it doesn’t violate the league salary cap. Orlando City could use the money acquired in this trade to buy down the salary of Urso or another player to avoid using their final remaining designated player slot.