MIAMI, Feb. 3 (UPI) -- Retired soccer player and Super Bowl commercial star David Beckham has exercised an option he holds to buy a Major League Soccer franchise, and he will likely be bringing the team to Miami.
According the Miami Herald, the deal is almost done except that an agreement about a privately-funded stadium needs to be reached. A clause in Beckham’s contract when he joined MLS in 2007 granted him the right to purchase a team for $25 million.