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MLS approves "Beckham Rule" to attract superstar players
Latest Updated by 2006-11-13 08:15:52
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Major League Soccer in the United States Saturday approved a change of salary-cap regulations to allow the league teams to sign high-profile players such as David Beckham, Ronaldo or Luis Figo.

The "Beckham Rule" will give MLS teams the authority to acquire players outside the 2 million dollars-per-team salary cap, which will be increased to accommodate the new policy, MLS deputy commissioner Ivan Gazidis was quoted by The Associated Press as saying.

MLS, which for 11 years has paid all players out of a central fund under its "single-entity" structure, will be responsible for up to 400,000 U.S. dollars of the player's salary, but the rest will be paid for by the team.

Each team initially will receive one "designated player" rosters lot, which can be traded among teams. No team, however, will be allowed more than two designated players.

"We believe this league has established a solid foundation over11 years," MLS commissioner Don Garber said. "Now it's time refocus our efforts to make our games more exciting than they already are."

The decision in Frisco, Texas, comes a day before the league's MLS Cup championship between the New England Revolution and Houston Dynamo and a day after MLS announced a rule change that will allow teams to sign players out of their own youth development systems without subjecting them to the draft.

The Los Angeles Galaxy and New York Red Bulls have been linked in reports to Beckham, who is under contract with Real Madrid but has a youth academy at the Galaxy's Home Depot Center.

Several players already exceed the 400,000 dollars limit, and will be "grand fathered" for one year under the new rule. However, in 2008,they also will come under the designated player rule. The rule will expire after the 2009 season and be reviewed.

Editor: Donald

By: Source:China View website
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