TOTY means “Team of the Year“. It joins the players who have played better on the the full year.
Every year since FUT 12, in early January, EA Sports build a team of players based on their real performance on the previous year. The players of this TOTY are selected from the voting of FIFPro, the world wide professional footballers association, and announced in the FIFA Ballon d’Or Gala. They are supposed to be the best players in the world.
The Team of the Year is released once per year. It means that these very special blue coloured in form cards are assigned only to eleven players (one goalkeeper, four defenders, three midfielders and three forwards), that can be of any league and category. Excepting the Pro Players and the Record Breaker cards, these ones are usually the most expensive cards of the whole FUT. They are very highly rated and because of that they are usually accompanied by a significant transfer market crash within FIFA Ultimate Team.