Toronto FC parts ways with leading scorer Prince Owusu and defender Luke Singh

In recent developments within Major League Soccer, Toronto FC made significant changes to its roster as part of its strategic adjustments following a challenging season. The Canadian club announced on November 27, 2024, that it would not be exercising contract options for key players, including forward Prince Owusu, who was the team's leading scorer, and defender Luke Singh. This decision comes after a disappointing performance, as Toronto finished the season at the bottom of the Eastern Conference with a record of 11 wins, 19 losses, and 4 draws, missing the playoffs for the fourth consecutive year. With a total of only 40 goals scored throughout the season, Toronto found itself ahead of only a few teams, struggling offensively despite Owusu contributing significantly with three goals in additional competition play. The decision to decline contract options for Owusu and Singh reflects a broader trend within Major League Soccer as teams reassess their roster and salary commitments. Toronto FC's management had previously announced that they would have until the league's deadline to make these decisions, highlighting the ongoing evaluation of player performance and financial flexibility necessary for the club's future. The salary expenditures for the previous season were substantial, with players like Owusu earning $807,500. Moreover, Toronto FC is in a position where they can restructure contracts and explore new roster models. The club reportedly has 'more than double' the salary cap space compared to the previous year, which could foster opportunities to strengthen the team. The potential reallocation of designated player status and the introduction of U-22 Initiative roster players are options being considered to maximize their flexibility in roster building and achieving better results in the coming seasons. These changes indicate a clear forward-thinking strategy aimed at rebuilding and revitalizing the team as they look to reclaim competitiveness in MLS and improve its overall performance. The decision not to renew the contracts of notable players like Owusu and Singh could open up openings for new talent and align with the club’s long-term goals of improving their standings in MLS.