David Beckham Re-Signs with the Los Angeles Galaxy
01/19/2012 AT 06:50 AM EST
"I've seen firsthand how popular soccer is now in the States, and I'm as committed as ever to growing the game here," Beckham, 36, said about the deal in a statement on his team's website.
While details of his new contract were not released, published reports say it added up to $15 million, decidedly less than the 18-month, $18.7-million deal the wealthy Qatari owners of French club Paris-St. Germain were willing to offer – but, Beckham also said, his wife Victoria and their three sons and a daughter played a deciding factor to remain in Southern California.
"This was an important decision for me," Beckham said in his statement. "My family and I are incredibly happy and settled in America."
General manager and head coach Bruce Arena said, "I am thrilled that David has chosen to re-join the Galaxy, especially as he had numerous options where he could continue his career.
"I felt that he was one of the best players in all of MLS last season and we could not have achieved the success that we did without him. We look forward to trying to replicate that success this season with David once again in a Galaxy uniform."
According to the Los Angeles Times, Beckham, Arena and assistant coaches Dave Sarachan and Curt Onalfo celebrated the new deal on Tuesday night at Wolfgang Puck's trendy Beverly Hills steakhouse Cut.