Monday February 2nd, 2015

The New York Bulls and midfielder Tim Cahill have mutually agreed to terminate his contract, the club announced Monday.

Cahill, 35, came to the Red Bulls in 2012 as a Designated Player after playing for Everton the previous eight years. Cahill still had one year and $3.5 million left on his contract with Red Bulls. New York had left him unprotected for the Major League Soccer expansion draft in December, and by terminating his contract the club won't receive a transfer fee for wherever he moves next.

"I've enjoyed every moment of my time at the Red Bulls and leave with great memories," Cahill said in a team statement. "I joined with the ambition of helping to grow and positively affect soccer in the US and I feel immensely proud of what we achieved as a team during my time in the MLS. Winning the Supporters' Shield, was without doubt, one of the best moments I have experienced in my career and I am now looking forward to my next chapter, of which I will announce in due course."​

•​ Red Bulls use No. 1 allocation place to sign Sacha Kljestan

The Daily Telegraph reports that Cahill has offers from the Premier League, China, Qatar and the United Arab Emirates.​

Cahill had 14 goals and 10 assists in 62 appearances with the Red Bulls, with his best season coming in 2013 when had 11 goals in 27 appearances and was named the team’s MVP. Cahill helped Australia win the Asian Cup last weekend, scoring three goals during the tournament and is the country's all-time leading goal scorer with 39 goals.

• Red Bulls trade Alexander, Oyongo to Montreal

Cahill's departure leaves the club with just one DP, forward Bradley Wright-Phillips, who signed his new deal after tying the league's single-season goals mark with 27 last season. New York's other DP, Thierry Henry, retired.

- Scooby Axson

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