According to sources close to Beckham and his wife, Victoria, the couple will be moving to L.A. later this year. "David has just signed the biggest deal in global sport history with the Galaxy soccer team," a Beckham business insider tells People magazine. "It is worth several hundred million dollars over five years. They will move after he finishes this season playing in Madrid."
Beckham, 31, apparently had a difficult time negotiating a new contract with Madrid.
"After discussing several options with my family and my business advisers I have decided to join (the) L.A. Galaxy and play in the MLS (Major League Soccer) from August.", said Beckham in a statement.
Victoria Beckham continues to work in the world of fashion and recently directed a photo session with her friend, actress Katie Holmes.
The Beckhams have three children, Brooklyn, 7, Romeo, 4, and Cruz, nearly two.