LA Galaxy has signed David Beckham to a further two-year contract.
After his original five-year contract expired in December 2011, the sports star considered an offer from Paris St Germain – a move he later ruled out.
"This was an important decision for me," David said on the club's website.
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"I had many offers from clubs from around the world, however, I'm still passionate about playing in America and winning trophies with the Galaxy.
"I've seen first hand how popular soccer is now in the States and I'm as committed as ever to growing the game here.
"My family and I are incredibly happy and settled in America and we look forward to spending many more years here."
Galaxy general manager and head coach Bruce Arena has also expressed his contentment.
"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."
The footballer's business manager Simon Fuller added: "When David and I discussed making the move from Real Madrid to the LA Galaxy back in 2007, our minds were firmly focused on the massive opportunity of helping to grow soccer in the United States.
"We have made great progress over the past five years in raising the profile of soccer domestically and the MLS on a worldwide stage, and we are encouraged by all the results.
"However, clearly this is an ongoing mission and this new deal confirms our commitment to continuing our journey and making sure the world's biggest sport, soccer, continues to grow in the world's most passionate sports loving nation, the USA."
The LA Galaxy start their pre-season campaign next week and return to competitive action on March 7 when they travel to face Toronto FC in the first leg of their 2011/12 CONCACAF Champions League quarter-final.