So the long lasting saga of whether he stays or goes is finally over. As reported in this article by MLS, Beckham signed for another two years with the Galaxy. According to the article, Beckham said that he “had many offers from clubs from around the world, however, I’m still passionate about playing in America and winning trophies with the Galaxy.” Indeed, reports abounded that teams such as Paris Saint-Germain, Queens Park Rangers and Tottenham Spurs expressed interest in acquiring services of Beckham at one point or another.

In the end, Beckham decided to re-sign with the Galaxy. Neither MLS not the Galaxy reported any details related to the new deal. Still, given that the deal that Paris Saint-Germain was offering to Beckham was reportedly valued at $18 million, it is no great stretch of anybody’s imagination that the LA Galaxy deal was in the high seven or eight figures as well. Even though Beckham’s decision had more to do with his family situation (apparently, Beckham did not want to once again move his wife and kids to yet another country), this is a good development for MLS. It shows that the league is able to retain some of its marquee players (although admittedly Beckham is an aging marquee player) and, equally important, that they are willing to stay despite the enormous sums of money offered by European clubs.