Fraser was part of TFC’s coaching staff under Greg Vanney since January 2015, meaning he was part of the club’s treble-winning campaign in 2017. He came to Toronto to work under Vanney, who had previously been Fraser’s assistant at Chivas USA.
The 52-year-old former defender (with 74 caps for the Rapids and a further 93 for the pre-MLS Colorado Foxes) has worked on the staff of four MLS teams, including TFC, Chivas USA (as head coach), New York Red Bulls and Real Salt Lake (both as an assistant).
TFC have apparently received $75,000 in General Allocation Money from Colorado in exchange for releasing Fraser.
The Rapids’ previous boss, Anthony Hudson, got the sack on May 1st, and Conor Casey had been in charge as interim head coach since then. The Rapids sit 11th in the Western Conference with just 27 points, and just seven wins all season.