D.C. United Acquire up to $500,000 Conditional GAM from FC Cincinnati for the Homegrown Territory Rights for Midfielder Stiven Jimenez

WASHINGTON, D.C. (November 7, 2022) – D.C. United have acquired $50,000 in 2022 General Allocation Money (GAM) from FC Cincinnati for the homegrown territory rights for midfielder Stiven Jimenez. Additionally, D.C. United could receive up to $200,000 in conditional GAM should Jimenez sign a second MLS contract with FC Cincinnati and an additional $300,000 GAM if certain performance-based incentives be met. 

D.C. United also retain a percentage of GAM should Jimenez be traded within MLS or a percentage of any sell-on amount if Jimenez is sold outside of MLS. 

TRANSACTION: D.C. United acquire $50,000 in 2022 General Allocation Money (GAM) for the homegrown territory rights for midfielder Stiven Jimenez. Additionally, D.C. United could receive up to $200,000 in conditional GAM should Jimenez sign a second MLS contract with FC Cincinnati and an additional $300,000 GAM if certain performance-based incentives be met. D.C. United also retain a percentage of GAM should Jimenez be traded within MLS or a percentage of any sell-on amount if Jimenez is sold outside of MLS.