Portland Timbers acquire midfielder Cole Bassett in $2.65M trade

The 24-year-old will join the Timbers as a U22 Initiative player through 2027.

Feb. 3, 2026 at 9:55am

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The Portland Timbers have acquired midfielder Cole Bassett from the Colorado Rapids in a $2.65 million trade. The 24-year-old will be slotted as a U22 Initiative player for the Timbers in 2026 and is signed through 2027.

Why it matters

The addition of Bassett bolsters the Timbers' midfield with a young, talented player who can contribute both offensively and defensively. As a U22 Initiative player, Bassett's acquisition allows the Timbers to invest in developing young talent while adhering to MLS roster rules.

The details

The Timbers will pay $2.65 million to acquire Bassett from the Colorado Rapids. The 24-year-old midfielder is known for his box-to-box style of play and ability to contribute goals and assists. He will be slotted as a U22 Initiative player, a designation that provides roster and budget relief for MLS teams.

  • The trade was announced on February 3, 2026.
  • Bassett is signed with the Timbers through the 2027 season.

The players

Cole Bassett

A 24-year-old midfielder who was acquired by the Portland Timbers from the Colorado Rapids in a $2.65 million trade.

Portland Timbers

A professional soccer team based in Portland, Oregon that plays in Major League Soccer (MLS).

Colorado Rapids

A professional soccer team based in Commerce City, Colorado that plays in Major League Soccer (MLS).

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The takeaway

The Timbers' acquisition of Cole Bassett demonstrates their commitment to building a competitive roster through strategic trades and investment in young talent. As a U22 Initiative player, Bassett represents an opportunity for the Timbers to develop a promising midfielder who can contribute to the team's success in the coming years.