It was just announced at LA Live as you can see below.
Donovan: Committed to the Galaxy? (AP Photo)
And as part of that agreement, Donovan is allowed to go on loan to Everton or another team from Jan. 1 to March 15 that’s been in contact with MLS. Although it has “not been finalized,” Galaxy Coach Bruce Arena said the front runner is Everton.
“This is further evidence the LA Galaxy and AEG are committed to building a strong team here in LA,” Arena said. “He’s a great building block to assure that year in year out we will have a quality team here in LA.”
“This has been a very, I would say, interesting decision for me,” Donovan said. “Its been very difficult at times. And at the end of the day after a lot of thinking, a lot of soul-searching, this is the place I want to be.”
New contract wouldn’t have happened without AEG/MLS allowing him to go out on loan, Donovan said.
Wonder how much more latitude/control the deal gives him over any possible trades, especially overseas after the World Cup?
Updated: One reported rumor is the new deal is worth more than $1.2 million a year, which if memory serves is an increase of about $300,000.
Updated: Here’s the story in Thursday’s dead tree edition.