The super-star midfielder plans on announcing Thursday his intentions to sign a new contract for 2012 as reported by the LA Times. The deal is expected to be for two years.
His original five-year, $32.5M deal expired at the end of the season and nobody was sure if he planned on staying in the MLS or going back to his native England.
Consider the mystery to be over.
What it Means
The 36-year-old was offered an 18-month contract to play for the French club Paris-St. Germain that would have been roughly worth a $1M a month. While the amount for his latest contract have yet to have been disclosed, it’s certainly a lot less than the French offer.
According to the Times the biggest factor in his decision was his family. His wife and four children prefer to live in Southern California and they don’t want to pi...
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