Monday, 2 Dec 2024

Timbers Acquire $300,000 in General Allocation Money in Exchange for Marco Farfan

marco farfan salary

The Portland Timbers have made an exciting trade with Los Angeles FC, acquiring $300,000 in General Allocation Money (GAM) in exchange for their homegrown defender, Marco Farfan. This deal will officially take effect on January 1, 2021.

Marco Farfan, a 22-year-old talent, holds the distinction of being the youngest player signing in the history of the Timbers team. He signed his Homegrown Player contract with the club in 2016, marking a significant milestone for the Timbers Academy. During the 2020 MLS regular season, Farfan showcased his skills in 14 appearances, with 9 starts, accumulating an impressive 854 minutes of playtime.

Gavin Wilkinson, the general manager and president of soccer for the Timbers, expressed his admiration for Farfan, both as a player and as a person. Having witnessed Farfan’s growth over the past two decades, Wilkinson commended his exceptional qualities, stating, “He is an incredible young man that has set the bar very high for every player coming through our academy. We understand Marco’s desire to seek a new challenge and wish him all the success in the world.”

Farfan himself expressed gratitude for the opportunity to play for his hometown club, emphasizing the pride he felt in wearing the green and gold of the Portland Timbers. He mentioned the invaluable lessons he learned and the accomplishments he achieved with the team. However, he also conveyed his excitement for the future and the next chapter of his career.

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Throughout his tenure with the Timbers, Farfan made a total of 37 appearances, with 24 starts, across various competitions. This included 34 regular-season appearances, with 23 starts, where he logged a total of 1,962 minutes of playtime. As a testament to his versatility, Farfan also contributed to the Portland Timbers 2 in the USL Championship, tallying one goal in 57 appearances, with 56 starts.

Head coach Giovanni Savarese expressed his pride in Farfan’s progress, from his early days in the academy to his increased playing time this year. Savarese acknowledged the importance of supporting a player’s desire for new challenges and expressed gratitude for Farfan’s contributions to the team over the years.

Transaction: The Portland Timbers have acquired $300,000 in General Allocation Money (GAM) from Los Angeles FC in exchange for Marco Farfan. This trade will be effective from January 1, 2021.

FAQs

Q1: What is General Allocation Money (GAM)?

General Allocation Money (GAM) is a valuable asset in Major League Soccer (MLS), allowing clubs to manage their salary budgets more effectively. It can be used for various purposes, such as player signings, roster management, and budget flexibility.

Q2: How did Marco Farfan contribute to the Timbers’ success?

Marco Farfan played an essential role in the Timbers’ achievements, including winning the MLS is Back Tournament in Orlando, Florida. Additionally, he showcased his skills in the USL Championship, where he notched one goal in 57 appearances for the Portland Timbers 2.

Conclusion

The Portland Timbers have made a strategic move in acquiring $300,000 in General Allocation Money by trading their homegrown defender, Marco Farfan, to Los Angeles FC. This trade signifies both the Timbers’ commitment to developing talented players and Farfan’s eagerness to embark on a new chapter in his career. As we bid farewell to Farfan’s time in the “Green and Gold,” we can only anticipate the excitement and challenges that lie ahead for both Farfan and the Timbers.

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