As Burgundy Wave first reported, this contract will be a U-22 Initiative contract.. Being signed under that program is unusual, as only players who do not turn 23 or older in the calendar year can sign such a contract (Bassett turns 23 this year) and only new players to the league or homegrown players signing their first or second contract are eligible (this is Bassett's third contract). Somehow, the rules are being changed and that means Bassett's salary cap hit will be at a reduced number at $200K rather than his actual contract, which is a nice perk.
This is an obvious and great move for the Rapids. Bassett has the longest tenure on the team, being the only player who played in 2018 left on the roster, and despite that he's still only 22 right now (Rosenberry, Abubakar, and Anderson would join the squad in 2019).. While I'm sure he still wants another European shot, this way he has some safety and we have the ability to get a return on him if he moves. If he doesn't move and becomes a lifetime MLSer then he has a chance to break a number of team records. Win-win all the way around.
Matt Pollard at Burgundy Wave is also reporting that Colorado has traded for Jasper Löffelsend from FSL for an international slot this year and a 2nd round pic in next year's draft. Incentives could have up to $100K of GAM going to the dark place as well. This is the second time I've heard this about Löffelsend in the last week so where there's smoke there's fire. Löffelsend is a German defensive mid who came here for college at Pitt and was drafted in 2022 by FSL. He does require an international slot then. He's had 51 appearances over two seasons with 34 starts. He's buried on the depth chart and there are some who think he's a legitimate starting 6 in MLS. I'm not sold on him at that level yet, my hope is that this is a depth move and we still plan to go get a starting 6.
Once this move appears, or doesn't, or we get to Friday I'll break down our current roster before players report this weekend.
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