In-depth analysis and commentary on Toronto FC, Canada's original MLS club. 

Toronto FC transaction tracker

The transaction tracker at TFC Republic is a special feature where we will list all of the roster additions and cuts, trades, signings and re-signings, and transfers made by Toronto FC, and examine what each move means for the club moving forward.

It's a great way to keep tabs on what Toronto FC is doing and how it's building its roster, as we look at each transaction in a bit of detail.

Feb. 26, 2025: Stefanovic gets a first team contract    

Toronto FC signs defender Lazar Stefanovic to a first team contract as a homegrown player through 2028 with an option for 2029.  

Transaction tracker: Toronto FC adds Lazar Stefanovic to roster
TFC have signed the 18-year-old defender to a first team contract on a homegrown player deal through 2028 with an option for 2029.

Feb. 25, 2025: Pearlman joins Halifax Wanderers

Toronto FC sends defender Adam Pearlman on loan to Halifax Wanderers FC of the Canadian Premier League for the remainder of the 2025 season.

Transaction tracker: TFC sends Adam Pearlman out on loan
The Toronto FC defender will spend the 2025 season with the Halifax Wanderers of the Canadian Premier League.

Feb. 22, 2025: Reds sign Arsenal under-21 captain   

Toronto FC signs defender Zane Monlouis from English club Arsenal FC to a two-year deal through 2026 with options for 2027 and 2028. 

Transaction tracker: TFC bolster defence with Zane Monlouis
Toronto FC has signed the Arsenal under-21 captain to a two-year deal through 2026 with options for 2027 and 2028.

Feb. 21, 2025: TFC adds Cimermanic to main roster  

Toronto FC signs TFC 2 midfielder Markus Cimermancic to a first team contract as a homegrown player through 2026, with club options for 2027 and 2028.

Transaction tracker: Reds sign TFC 2 midfielder Markus Cimermancic
Toronto FC has signed TFC 2 midfielder Markus Cimermancic to a first ream contract as a homegrown player through 2026.

Feb. 15, 2025: Reds bolster attack with Norway international  

Toronto FC have signed Norwegian forward Ola Brynhildsen on loan until Dec. 31, 2025 from Danish side FC Midtjylland utilizing targeted allocation money. The loan agreement includes a purchase option for the Reds at the end of the 2025 season.

Transaction tracker: TFC secures Ola Brynhildsen on loan
Toronto FC has signed the Norwegian forward on loan, with an option to purchase, from Danish club FC Midtjylland.

Feb. 7, 2025: TFC 2's Adisa De Rosario joins first team  

Toronto FC signs goalkeeper Adisa De Rosario to a first team contract as a homegrown player through 2026, with club options for 2027 and 2028.

Transaction tracker: TFC add goalkeeper Adisa De Rosario
Toronto FC has signed the former TFC 2 goalkeeper to a first team contract as a homegrown player through 2026.

Jan. 20, 2025: Toronto extends Gavran through 2027  

Toronto FC re-signs goalkeeper Luka Gavran to a new contract through 2027 with a club option for 2028.    

Transaction tracker: TFC inks Luka Gavran to extension
The Canadian goalkeeper has been signed to a new contract through 2027 with a club option for 2028.

Jan. 16, 2025: Coello gets new deal with Toronto FC 

Toronto FC re-signs midfielder Alonso Coello to a new contract through 2027 with a club option for 2028.  

Transaction tracker: TFC signs Alonso Coello to extension
The Spanish midfielder has been signed to a new contract through 2027 with a club option for 2028.

Jan. 14, 2025: Canadian loaned to Toronto from Granada 

Toronto FC has acquired Theo Corbeanu from Spanish side Granada CF on loan for the duration of the 2025 MLS season, with an option to purchase.  

Transaction tracker: TFC acquires Theo Corbeanu on loan
The Canadian forward has joined Toronto FC on for the 2025 MLS season on loan from Spanish club Granada FC.

Jan. 13, 2025: TFC sell off Brazilian to Japanese club

Toronto FC has agreed to transfer winger Thiago Andrade to Cerezo Osaka of the J1 League (Japan's First Division).

Transaction tracker: TFC moves Thiago Andrade in transfer sale
Toronto FC sold the Brazilian winger to Japanese club Cerezo Osaka a month after acquiring him in a trade with NYCFC.

Jan. 13, 2025: Reds receive GAM in trade with CF Montreal

Toronto FC acquired $175,000 US in 2025 and 2026 general allocation money ($100,000 in 2025 GAM and $75,000 in 2026 GAM) from CF Montreal in exchange for the "right of first refusal" for forward Prince Owusu. TFC can receive up to an additional $75,000 in conditional GAM from Montreal if certain performance metrics are met. Montreal signed Owusu to a two-year contract in 2025 and 2026, including an option year for 2027, using targeted allocation money (TAM).

Transaction tracker: TFC gets GAM windfall from CF Montreal
Toronto FC acquired $175,000 US in general allocation money from CF Montreal in exchange for the “right of first refusal” for Prince Owusu.

Dec. 20, 2024: Reds trades, then selects Reid Fisher at No. 23

Toronto FC traded $50,000 in 2025 general allocation money and an additional $50,000 in conditional GAM to D.C. United. In return, TFC received a first-round pick (No. 23), which they used to select San Diego State defender Reid Fisher, a sophomore. In the second round, Toronto used the No. 39 pick to select University of Pittsburgh midfielder Michael Sullivan, a senior. In the third round, Toronto used the No. 69 pick on University of Dayton midfielder Joseph Quiah, a junior.

Transaction tracker: TFC drafts sophomore defender at No. 23
Toronto FC acquired a first-round pick in a trade with D.C. United and used it to select defender Reid Fisher from San Diego State.

December 11, 2024: TFC trades for Thiago Andrade

San Diego FC, who’ll join MLS as its 30th team in 2025, used its fourth selection in the Expansion Draft to select Brazilian winger Thiago Andrade from New York City FC.

San Diego then flipped Andrade to Toronto in a trade that saw the Reds give up their first-round pick (ninth overall) in the 2025 MLS SuperDraft and an additional $250,000 US in conditional general allocation money (GAM) in future years if certain performance-based metrics are met. San Diego also retains a percentage of a future transfer fee if Toronto sells Andrade to a non-MLS club.

Transaction tracker: TFC acquires Thiago Andrade
Toronto FC traded for the Brazilian forward from San Diego FC during Wednesday’s MLS Expansion Draft.

November 27, 2024: Owusu, Singh won't be back in 2025  

Toronto FC declined its 2025 contract options on forward Prince Owusu and defender Luke Singh.  

Transaction tracker: TFC declines options on Owusu, Singh
Toronto FC announced on Wednesday it had declined its 2025 contract options on forward Prince Owusu and defender Luke Singh.

October 28, 2024: End of season roster decisions 

Toronto FC declined its 2025 contract options for goalkeeper Greg Ranjitsingh, defenders Aimé Mabika and Shane O'Neill; and midfielder Brandon Servania. GM Jason Hernandez said that conversations are ongoing with some of those players about possibly being re-signed to new deals ahead of the 2025 MLS season.

Toronto picked up its contract options for goalkeeper Luka Gavran; defenders Kobe Franklin and Kevin Long; midfielders Alonso Coello and Kosi Thompson; and forwards Deandre Kerr and Tyrese Spicer. That means these players will return for TFC next season.

TFC have until the MLS deadline of Nov. 27 to exercise or decline the 2025 contract options for defender Luke Singh, currently on loan at the CPL's Atlético Ottawa, and forward Prince Owusu. 

Transaction tracker: Servania highlights TFC’s off-season departures
While four Toronto FC players had their contract options declined, the fate of top scorer Prince Owusu remains up in the air.