Andres Perea traded to New York City FC for allocation money

Andres Perea’s short and confusing tenure with the Philadelphia Union has officially ended with the announcement on Martin Luther King Day Monday of his permanent transfer to New York City FC.

Perea was loaned to the Cityzens in late July and will continue on as a permanent fixture in their midfield this season.

Though the math is a little fuzzy since inter-league trades often include additional “Garber bucks” exchanging hands for unpublished performance metrics being met, the Union appear to have gotten back their initial investment and made a small return on the loan deal – between $100k and $250k.

Union Paid Orlando City:
$450k in 2023 GAM
$300k in 2024 GAM
+ $100k based on incentives being met
=$750-$850k

NYCFC is Paying the Union:
$300k in 2024 GAM for the loan
$350k in 2024 GAM
$300k in 2025 GAM
+ Up to $150k based on incentives being met
=$950k-$1 million

“We want to thank Andres for his contributions to the club last season,” Sporting Director Ernst Tanner stated in a news release. “He is a young, talented player and has adapted well to New York’s style of play while on loan. This is the best move for the player at this time for his continued development and to be able to maintain his meaningful role with NYCFC. We wish him all the best.”

The Union acquired Perea from Orlando City SC on December 6, 2022. He made 11 appearances and had three goals in all competitions in 330 minutes before being loaned to NYCFC on July 23, 2023. He made 10 appearances, 8 starts and logged 772 minutes for NYC.