The Chicago Fire have acquired $50,000 in General Allocation Money from the Seattle Sounders. In exchange, the Sounders will move up to the top spot of the MLS waiver order.
The MLS waiver order is determined by using points-per-game once all teams in the league have played three games. The waiver process is set to conclude on Monday, May 24.
Each club receives an annual allotment of General Allocation Money (GAM). In 2021, that amount was $1,525,000 per club. A club may receive GAM in a variety of cases such as failure to qualify for the MLS Cup Playoffs or for qualifying for the CONCACAF Champion's League. GAM can also be traded between teams, which is what happened here.