This is pretty big news for MLS and soccer in North America
Quote from Beckham:
"This week, Real Madrid asked me to make a decision regarding my future and the offer to extend my contract by a further two seasons," Beckham said in a statement.
"After discussing several options with my family and advisers to
either stay here at Madrid or join other major British and European
clubs, I have decided to join the Los Angeles Galaxy and play in the
MLS from August this year."
MLS has a salary cap in place, but it recently made a change to the system that allows clubs to sign one star player without it counting against the cap. Terms of Beckham's contract with the Galaxy were not released, but British news reports put the L.A. deal at $250 million US.
Reportedly it's going to be a 5 year contract
That's pretty incredible.