Veteran midfielder Jonathan Osorio has elected to stay in Toronto, rather than test the waters abroad.
Osorio, whose contract with Toronto FC had expired, has signed a new three-year contract plus a 2026 option with Toronto, using targeted allocation money.The targeted allocation money allows the club to buy down the salary cap charge for an existing player providing he earns more than the maximum salary budget charge, which was US$612,500 in 2022.
“Jonathan represents the club and the city, and we are proud to have one of the top Canadian players on our side,“ Toronto FC president Bill Manning said in a statement Monday. ”He is a true professional and a real competitor who wants to strive every year for trophies. His passion and love for Toronto FC represent what we are as a club, and we know he will contribute to further success.”
“I have enjoyed working with Jonathan this past season, and I’m excited to know he’s returning to the club for the long-term,” Bob Bradley, said Toronto’s head coach and sporting director, said in a statement. “Everyone knows what Jonathan has done for the club. He has established himself as a leader on and off the field. His work ethic and commitment to the club are important to us moving forward.
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