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SBD/May 21, 2013/Franchises
Yankees Partner With EPL's Manchester City To Own MLS Expansion Team In N.Y.
Published May 21, 2013
WHAT ABOUT BECKHAM? MLS Exec VP/Communications Dan Courtemanche prior to today's announcement said that David Beckham's advisers have "already discussed moving forward" with exercising Beckham's option to become the owner of an MLS franchise. SI.com's Grant Wahl noted Beckham had a stipulation in his deal with the Galaxy that he could become an owner after he retired, and the contract "specifies that Beckham would own an expansion team, not an existing team." He would pay an expansion fee of $25M, below the $40M fee "that Montreal paid last year." Sources said that Miami "is the city Beckham is most interested in right now" (SI.com, 5/20).