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New York Red Bulls make huge profit on Jamison Olave trade to Real Salt Lake – report

Jamison Olave has left the New York Red Bulls to rejoin Real Salt Lake in a trade for allocation money, and the Red Bulls have reportedly doubled their investment in the powerful centre-back.

The 33-year-old Colombian moved to New York two seasons ago from Real Salt Lake, along with Fabian Espindola in a trade for allocation money reportedly worth $150,000.

But the Red Bulls have made profit on that deal just a couple of years later by receiving around $200,000 in allocation funds from RSL.

Olave won the 2010 MLS Defender of the Year award while with Real Salt Lake and fills the void left by Nat Borchers departure to the Portland Timbers.

The move does leave the Red Bulls short of defensive options as the club have also declined the option to extend Ibrahim Sekagya’s contract.

“This was a difficult decision for the club but was made mainly due to salary cap considerations,” said Sporting Director Andy Roxburgh. “It’s disappointing to see a player like Jamison leave the club, but we want to thank him for his service to the New York Red Bulls and we wish him all the best on his return to his previous club.”

With a large amount of allocation funds coming in from the trade of Olave, and plenty of free space on the salary cap from Thierry Henry’s departure, the Red Bulls will expect to be busy this offseason.

After getting to within one game of the MLS Cup Final in 2014, New York will be looking to enjoy another solid campaign but they must ensure they replace lost players during the post-season if they are to do so.

Is Jamison Olave a major loss for the New York Red Bulls?

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About Louis East (1175 Articles)
Editor of MLSGB.com. Premier League and MLS reporter.

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