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Chicago Fire salaries and contract breakdown: Highest to the lowest paid Chicago Fire players
Kenneth Mwenda
June 17, 2024 at 4:20 PM
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During the 2024 MLS season, the Chicago Fire football team once again takes centre stage in Major League Soccer (MLS) with an exciting blend of seasoned professionals and budding talents. Considering Chicago Fire's salaries and contracts, it is essential to understand their financial strategy and how they value players.
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Table of Сontents:
The Fire has a structured salary system that aligns with MLS regulations, ensuring a competitive but financially prudent roster. This article, sourced from factual publications, provides a detailed breakdown of Chicago Fire salaries for 2024, highlighting the highest-paid player, key player salaries, and more.
Overview of Chicago Fire salaries in 2024
The Chicago Fire soccer team has developed a comprehensive wage structure designed to lead to success on the pitch while keeping the club financially viable. In the 2024 season, the total gross salary outlay for Chicago Fire players has been pegged at close to $5.47 million, in line with Major League Soccer's cap per team.
Nevertheless, Xherdan Shaqiri, one of the famous players in the league, is the highest-paid player on the Chicago Fire roster; he earns an astonishing annual salary of $7,350,000, which is more than the MLS salary cap due to league allocation or other allowed mechanisms. The salary cap in Major League Soccer (MLS) is the maximum amount that teams are allowed to spend on player salaries.
Chicago Fire players' salaries and contracts
According to the salaries released by the Major League Soccer Players Association (MLSPA), the Chicago Fire has the third-most expensive roster in MLS. Only Inter Miami, with Lionel Messi and Sergio Busquets, and Toronto FC, with former Italian international Lorenzo Insigne, spend more on player wages than they do.
For 2024 season we present you with a full table showing all details such as contracts among others that are specific to every player on Chicago Fire squad:
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Player | Annual salary | Weekly salary | Contract start | Contract end | Nationality |
Xherdan Shaqiri | $7,350,000 | $141,346 | Feb 9, 2022 | Dec 31, 2024 | Swiss |
Hugo Cuypers | $3,238,000 | $62,269 | Feb 16, 2024 | Dec 31, 2026 | Belgian |
Gastón Giménez | $1,600,000 | $30,769 | Dec 13, 2021 | Dec 31, 2025 | Paraguayan |
Kellyn Acosta | $1,392,188 | $26,773 | Feb 13, 2024 | Dec 31, 2026 | American |
Rafael Czichos | $1,300,000 | $25,000 | Jan 2, 2022 | Dec 31, 2024 | German |
Brian Gutierrez | $803,409 | $15,435 | Nov 14, 2023 | Dec 31, 2028 | American |
Chris Mueller | $650,004 | $12,500 | May 5, 2022 | Dec 31, 2025 | American |
Arnaud Souquet | $620,012 | $11,923 | Jan 31, 2023 | Dec 31, 2025 | French |
Andrew Gutman | $600,000 | $11,538 | Dec 12, 2023 | Dec 31, 2026 | American |
Carlos Teran | $529,000 | $10,173 | Apr 30, 2023 | Dec 31, 2026 | Colombian |
Chase Gasper | $500,000 | $9,615 | Jan 30, 2024 | Dec 31, 2025 | American |
Federico Navarro | $500,000 | $9,615 | Aug 5, 2021 | Dec 31, 2027 | Argentine |
Georgios Koutsias | $470,800 | $9,054 | Feb 28, 2023 | Dec 31, 2026 | Greek |
Allan Arigoni | $462,000 | $8,885 | Jan 31, 2024 | Dec 31, 2024 | Swiss |
Tobias Salquist | $400,000 | $7,692 | Jan 31, 2024 | Dec 31, 2025 | Danish |
Fabian Herbers | $400,000 | $7,692 | Nov 23, 2023 | Dec 31, 2024 | German |
Mauricio Pineda | $345,000 | $6,635 | Dec 31, 2020 | Dec 31, 2026 | American |
Maren Haile-Selassie | $344,000 | $6,615 | Jan 31, 2024 | Dec 31, 2026 | Swiss |
Tom Barlow | $250,000 | $4,808 | Dec 18, 2023 | Dec 31, 2025 | American |
Chris Brady | $225,000 | $4,327 | May 16, 2022 | Dec 31, 2026 | American |
Wyatt Omsberg | $200,000 | $3,846 | Feb 11, 2020 | Dec 31, 2024 | American |
Spencer Richey | $165,000 | $3,173 | Nov 22, 2023 | Dec 31, 2024 | American |
Jonathan Dean | $115,000 | $2,212 | Nov 22, 2023 | Dec 31, 2024 | American |
Sergio Oregel | $89,716 | $1,725 | Jan 1, 2022 | Dec 31, 2025 | American |
Javier Casas | $89,716 | $1,725 | Jan 14, 2024 | Dec 31, 2024 | American |
Jeff Gal | $89,716 | $1,725 | Nov 22, 2023 | Dec 31, 2024 | American |
Bryan Dowd | $71,401 | $1,373 | Jan 15, 2024 | Dec 31, 2024 | American |
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Highest-paid Chicago Fire player
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Chicago Fire's Xherdan Shaqiri is the top-paid player. His annual pay packet is $7.35 million, which works out at $141,346 per week.
Shaqiri's reputation for creativity and extensive experience precedes him. The Swiss international moved to the team from French outfit Lyon in February 2022 and will remain with them until the end of 2024.
Chicago Fire team's average salary
In 2024, a Chicago Fire player's average wage is $844,443. There are high earners and those on less modest deals, which enable the club to comply with the MLS salary cap and remain competitive.
Chicago Fire's net worth and team composition
According to Forbes data, Chicago Fire's estimated value as of 2024 is $515 million. The club's financial plan centres on making high-profile signings and developing young players from the academy.
Who owns the Chicago Fire?
Billionaire Joe Mansueto, the founder and executive chairman of Morningstar, is the sole owner of the Chicago Fire. In 2018, Mansueto purchased a 49% stake in the team and later acquired the remaining 51% from Andrew Hauptman in 2019.
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The 2024 season offers the Chicago Fire an exciting chance to tackle MLS challenges using a balanced team. The club intends to be successful both on the pitch and financially stable by carefully managing their wages and contracts.
When was the Chicago Fire formed?
Chicago Fire was formed on October 8, 1997. The date was chosen to commemorate the Great Chicago Fire of 1871, which began on the same date.
Which player holds the record for the most goals scored for Chicago Fire FC?
Razov is Chicago's all-time leading scorer with 76 goals.
Who is the all-time leader in appearances for Chicago Fire FC?
C.J. Brown retired as the club's final "Fire Original", holding the record for most appearances (372), starts (364), and minutes played (32,538).
Final word
The club's commitment to creating a strong competitive team is evident in the careful management of Chicago Fire salaries and contracts. Xherdan Shaqiri is just one of the stars that have led them to this point; accompanied by a supporting cast with equal capabilities, they are set for unforgettable seasons.
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