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Orlando Pride sign Zambia's Banda for near-record fee - sources

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Lawson: Women's transfer records not slowing down any time soon (2:43)

Sophie Lawson reacts to NWSL expansion side Bay FC signing striker Racheal Kundananji for a reported fee of $787,600. (2:43)

The National Women's Soccer League's Orlando Pride signed Zambian forward Barbra Banda from Chinese Super League team Shanghai Shengli for a $740,000 transfer fee, sources familiar with the deal confirmed to ESPN.

The fee is the second highest in world soccer history behind Zambian teammate Racheal Kundananji, whose move to NWSL expansion team Bay FC set the global record last month.

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Banda's contract with the Pride is a four-year deal valued at around $2.1 million all-in, including bonuses, sources confirmed, which will make her one of the highest-paid players in the NWSL.

Shanghai will also maintain a sell-on clause to receive a percentage of the fee should Banda, 23, be transferred elsewhere in the future, a source said.

CBS Sports was first to report Banda's move to Orlando.

Banda's breakout came at the Tokyo Olympics in 2021. She scored hat tricks in back-to-back group games, becoming the first woman in Olympic history to score successive hat tricks and to score two hat tricks in the same tournament. Zambia struggled at the tournament, losing those games 10-3 to the Netherlands and drawing China 4-4, but Banda's talent drew global attention.

A year later, Banda was the subject of controversy after she and three other players were banned from Africa's championship and World Cup qualifying event for what CAF officials claimed were testosterone levels above the confederation's permitted limit. However, Banda was allowed to participate at the 2023 World Cup by FIFA, which announced it would revise its rules after a process that was widely criticized.

At the tournament, Banda scored the 1,000th goal in Women's World Cup history from the penalty spot in Zambia's 3-1 victory over Costa Rica.

Banda joins a growing wave of African players entering the NWSL, including her Zambian teammate, Kundananji. Nigeria forward Asisat Oshoala also recently transferred to Bay FC from FC Barcelona.

Her fee adds to the booming women's soccer transfer market. FIFA said the January 2023 transfer window set a new record with $2.1 million in fees paid, a 165% increase from January 2023.

While many global transfer windows are closed until summer, the NWSL's primary transfer window remains open until April 16. As with Kundananji, who Madrid CFF transferred to Bay FC for €735,000 (about $788,000 at the time, plus another $75,000 in possible add-ons), Banda's transfer fee was driven by a lofty buyout clause in her Shanghai contract, a source familiar with the deal confirmed.

Orlando will incur an additional salary-cap hit to acquire Banda for spending beyond the NWSL's new $500,000 net transfer threshold.

Information from ESPN's Tom Hamilton contributed to this report.