Full 90: Becks and 'Bron Take Miami

On Wednesday, Major League Soccer announced David Beckham exercised his option to purchase an MLS expansion team in Miami. Within his MLS contract with the Los Angeles Galaxy, existed a clause to enable Beckham to purchase an expansion team at a discounted fee of $25 million, a strategic effort to keep one of the most polarizing figures, connected to the MLS. The announcement was made on Wednesday during a news conference that featured MLS Commissioner Don Garber and Miami-Dade Mayor Carlos Gimenez.

Beckham Decides on Miami for MLS Team

Last December David Beckham left the Los Angeles Galaxy. He felt that at that point of his career it was time to retire and move on to new ventures. That new venture will be his own MLS team. Beckham has been considering a location for a few months now, and he has finally settled. The start up fee for Beckham was a discounted $25 million. That is quite the fair price for the ex-MLS star considering BPL team Manchester City and the New York Yankees payed a whopping $100 million to launch their team the New York City FC. The MLS still has to give Beckham the go-ahead to choose Miami as the location for his team. 

Beckham group is in final stages of Miami expansion bid

David Beckham is in the midst of another shopping spree; his most expensive purchase to date. Beckham is in the final stages of becoming the owner of a new Major League Soccer franchise. The team will most likely be located in Miami, Florida.

Drexel SMTSU - The Sports Biz Report - Soccer in America