What Signings of Jozy Altidore, Sebastian Giovinco Reveal About Toronto and MLS

Over the last week, Toronto FC has made a massive statement in the transfer market with the acquisitions of Jozy Altidore and Sebastian Giovinco. 

Altidore was officially announced as a TFC player Friday after the club finalized a swap with Sunderland that involved Jermain Defoe, who only lasted one season with the Reds. 

Monday will mark another type of landmark announcement by Toronto, as Sebastian Giovinco will be announced as the club's latest designated player. The 27-year-old Italian will join the Canadian side in July after his contract at Juventus runs out, per Sportsnet's John Molinaro. 

With Major League Soccer entering a new chapter of its history in 2015 following the retirements of Landon Donovan and Thierry Henry, Toronto has helped continue one league precedent and begin another with its two recent deals. 

The Altidore signing continued the rapid trend of Americans ret...

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