The 2022 NWSL summer trade window closed on Wednesday, ushering in a roster freeze for the rest of the season and the start of the NWSL’s first free agency period.

As the league and NWSL Players Association clash over the full list of eligible free agents, Just Women’s Sports breaks down each team’s trades, waives and signings from the summer transfer window, dividing them into winning and losing categories in no particular order.

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The trade window closes at the end of the day and several other key dates are rapidly approaching.

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— NWSLPA (@nwsl_players) August 24, 2022

Winners

Houston Dash

The Dash easily top this list. In the last week, they strengthened their backline with the addition of 2021 Defender of the Year Caprice Dydasco, signed Jamaican national team forward Tiernny Wiltshire and acquired Valérie Gauvin from the North Carolina Courage. The forward has scored 17 goals in 37 appearances for the French national team and should help boost a Houston attack that Ebony Salmon has been lighting up since she joined the team via a trade on July 1. After playing sparingly for Racing Louisville this season, Salmon has scored eight goals in eight games with Houston. Despite star forward Rachel Daly leaving for Aston Villa in August, with so many new stars, it’s safe to say the Dash will be fine without her.

Kansas City Current

Cece Kizer has been a game-changer for the Current during their 11-game unbeaten streak. Since joining Kansas City at the end of May, Kizer has scored five goals, making up almost a quarter of the Current’s season total. French national team player and former Lyon midfielder Claire Lavogez has also provided a boost, scoring one goal in the three games she’s played since signing with the team on July 20. Kansas City will have to adjust to life without midfielder Victoria Pickett after trading her to Gotham FC this week, but they have a whopping $200,000 in allocation money and Gotham’s second-highest first-round 2023 draft pick or natural first-round pick to use to their advantage.

Angel City FC

Two words: Sydney Leroux. Acquiring the former U.S. women’s national team forward for a first-round 2024 draft pick and $75,000 allocation money was a big save for Angel City after losing Christen Press to a season-ending injury in June. They also just signed 2022 draft pick Claire Emslie and gained an international spot from OL Reign in exchange for $40,000 in allocation money. Goalkeeper Maia Pérez went on loan to Grand Paris Seine Ouest 92 Issy in France, where she’ll gain valuable experience as a starter while Angel City continues to play current starting keeper DiDi Haračić. Wins all around.

Portland Thorns FC

The first-place Portland Thorns have found their rhythm with the players they have, so there was no need for any major roster shake-ups. They did acquire defender Tegan McGrady from San Diego in exchange for Madison Pogarch in late July. McGrady brings experience after winning the NWSL championship with the Washington Spirit last season.

San Diego Wave FC

After picking up Pogarch from Portland, the Wave signed U.S. youth national team star Jaedyn Shaw, who had previously trained with the Spirit. The 17-year-old wasted no time showcasing her talent, scoring the game-winning goal in her NWSL debut, the only game she’s played with the Wave so far this season.

OL Reign

Like the Dash, the Reign have gone all-in on blockbuster signings this season, acquiring former NWSL MVP Kim Little, Olympic gold medalist Jordyn Huitema and star forward Tobin Heath. The team has yet to turn the additions into results as well as Houston has, but Heath’s impact should increase as she gets more minutes. Huitema has been finding her rhythm, scoring the game-winner in the Reign’s 2-1 Women’s Cup championship victory. On the downside, Little’s contract was only for the summer and the Reign traded Ally Watt, an important player off the bench, to Orlando. But OL Reign’s overall depth should keep them in contention as the playoffs approach.

Jordyn Huitema makes it 2-1! What a finish from the striker. 💥

The ball from Jimena López though. 🥶 pic.twitter.com/VFLS8rL5ok

— Attacking Third (@AttackingThird) August 21, 2022

Neutral

NJ/NY Gotham FC

Gotham would have been a winner on this list after acquiring Taylor Smith and Victoria Pickett, especially given how dominant Smith has been with her two goals and one assist this season, but Caprice Dydasco is a big loss. The team has conceded a league-worst 32 goals this season, and without one of their most consistent players on the backline, they’ll continue to have their work cut out for them.

Orlando Pride

The Pride had a rollercoaster of a summer. While Sydney Leroux, Amy Turner and Angharad James were big, unexpected losses, Orlando also acquired some serious talent. Ally Watt from OL Reign and Haley Hanson from the Dash bring leadership and winning experience that will be important for the young squad. The Pride will hardly miss the second-round pick in the 2023 NWSL Draft and $75,000 in allocation money they gave the Dash in exchange for Hanson because they already have a wealth of draft picks. Thais Reiss and Haley Bugeja are two other young additions with loads of talent.

Losers

Chicago Red Stars

The Red Stars are getting left behind. They dominated the first half of the year to stay near the top of the standings, but as other teams started making moves to boost their rosters, Chicago remained stagnant. Sarah Luebbert returning to the Red Stars from a one-year loan with Club América in Liga MX Femenil has been the biggest change.

North Carolina Courage

From an outside perspective, it appears that head coach Sean Nahas didn’t realize the amount of talent his team had coming into the season. Taylor Smith and Jorian Baucom were waived after hardly getting any playing time with the Courage, but since leaving North Carolina, Smith has scored two goals for Gotham. The Courage also traded Valérie Gauvin, one of the top players in France, to Houston before she got a minute of playing time.

Racing Louisville FC

Louisville lost a big talent when they traded Ebony Salmon to Houston in exchange for $150,000 in allocation money in 2022, with an additional $25,000 in 2023. While head coach Kim Björkegren kept Salmon on the bench, she’s scored eight goals and moved into fourth on the list of scoring leaders since leaving Louisville. The team also traded star forward Cece Kizer and defender Addisyn Merrick to Kansas City and sent Tobin Heath’s rights to OL Reign. On the bright side for Louisville, defender Satara Murray has been a consistent starter after they signed her to a two-year deal.

Washington Spirit

The defending NWSL champions are near the bottom of the league standings and dealing with internal turmoil after head coach Kris Ward was fired following an incident at practice. While they haven’t been far off from winning games since appearing in the Challenge Cup final in May, the Spirit clearly need a spark and they didn’t make any moves before the trade deadline.

Jessa Braun is a contributing writer at Just Women’s Sports covering the NWSL and USWNT. Follow her on Twitter @jessabraun.

More NWSL stars are jumping ship, as both the San Diego Wave and North Carolina Courage saw respective key players Delphine Cascarino and Denise O'Sullivan sign with WSL clubs over the last few days.

Former Wave forward Cascarino inked a deal through the 2029/30 season with the London City Lionesses on Monday, one day after San Diego announced they had mutually parted ways with the French international despite her contract running through 2026 with an option for the 2027 NWSL season.

"I'm really happy to be here," said the 28-year-old in a statement. "London City is the only independent women's club in the WSL, which excites me."

North Carolina midfielder and captain O'Sullivan made a similar move on Saturday, as the Ireland international signed with Liverpool following more than eight seasons and a club-record 186 appearances for the Courage.

The last-place WSL team reportedly shelled out a club-record transfer fee of approximately £300,000 to roster the 31-year-old two-time NWSL champion and three-time Shield-winner, who called Liverpool "a new challenge" that will see her "only a 40-minute flight away" from her family in Cork, Ireland.

Though the NWSL departures of Cascarino and O'Sullivan mark a kind of homecoming for the European standouts, they are just the latest to exit the US league, after USWNT star Sam Coffey joined WSL-leaders Manchester City last week.

"England — for men and women — is the country of football," noted Cascarino. "It's always been a goal of mine to play in this league."

New York Sirens forward Taylor Girard made PWHL history this week, earning a record four-game suspension for leaving the bench to join a line skirmish at the end of Sunday's 2-1 win over the Montréal Victoire.

The brawl occurred at the the final buzzer of the PWHL's record-breaking Takeover Tour stop in Washington, DC, with eight players — four Sirens and four from the Victoire — subsequently issued 10-minute misconducts in addition to Girard's infraction.

As the sole player not originally on the ice to join the skirmish, Girard was the only player to receive an additional 20-minute charge.

Even more, Girard's actions immediately triggered a four-game suspension, as the PWHL Rulebook dictates that exact punishment for "the first player to leave the players' bench illegally during an altercation or for the purpose of starting an altercation from either or both Teams."

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The four-game ban marks the longest punishment in PWHL history, doubling the two-game suspension that Seattle Torrent defender Aneta Tejralová received for an illegal check to the head last month.

With the PWHL on break after January 28th as 30% of the league's rosters compete in the 2026 Winter Olympics, the four-game suspension means that Girard — who sits second on New York's scoring sheet with five goals on the season — will not be available for the No. 2 Sirens until March 5th.

The WTGL is stocking up on golf stars, as TMRW Sports' newly announced offseason league begins to build its debut roster in partnership with the LPGA.

World No. 1 golfer Jeeno Thitikul (Thailand) signed on to participate in WTGL's inaugural season this week, alongside No. 5 Charley Hull (England), No. 6 Lydia Ko (New Zealand), No. 25 Brooke Henderson (Canada), and No. 79 Lexi Thompson (USA).

"WTGL will be a global stage to showcase LPGA stars, and this first wave of committed players represents that opportunity with some of the world's best," said TMRW Sports founder and CEO Mike McCarley in Monday's press release.

Set to launch next winter, the WTGL looks to build off the popular, second-year men's Tomorrow's Golf League (TGL), with the competition integrating both a physical and virtual golf environment inside Palm Beach Gardens at Florida's SoFi Center.

"These players will thrive in WTGL's competitive environment as fans will witness their skill and connect more deeply with their personalities through the unprecedented access the league delivers," said McCarley, noting that TGL golfers remain mic'd up throughout the team event.

The WTGL is also earning stamps of approval from several women's sports greats, as the Alex Morgan co-founded Trybe Ventures — an investment group that includes Morgan's fellow former USWNT stars Mia Hamm and Abby Wambach — became the new league's lead capital partner last week.

The WSL is cashing in on the women's game, with two UK clubs surpassing €25 million in annual revenue for the first time, according to the Deloitte Football Money League report on the 2024/25 season that dropped this week.

Reigning UWCL champions Arsenal topped the list for the first time after taking in €25.6 million last season, followed closely by WSL title-holders Chelsea FC's €25.4 million.

Meanwhile, Perennial European contender FC Barcelona (€22 million) dropped to third after leading the group in 2023/24, outpacing WSL titans No. 4 Manchester City (€12.9 million) and No. 5 Manchester United (€12.8 million).

Due to a lack of revenue data, the yearly study did not include major women's leagues in the US, Sweden, or Australia, giving the rankings a European bent as the total sum crossed the €150 million mark for the first time — a 35% increase over the previous season's Top-15 Money League clubs.

Commercial income was the biggest revenue driver for many top clubs, with sponsorship deals and brand partnerships leading the charge.

Arsenal also benefitted from increased revenue on the men's side, allowing the women's team to up its investment while avoiding running at a loss.

How to watch the top Deloitte Football Money League clubs in action

Deloitte Football Money League leader Arsenal will take on No. 5 Man United while revenue runners-up Chelsea will face the WSL-leading Man City in the 2025/26 Women's League Cup semifinals on Wednesday.

The concurrent clashes will kick off at 2 PM ET, streaming live on YouTube.