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David Beckham will return to the Galaxy

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David Beckham is coming back to the Galaxy.

The star midfielder, whose record five-year, $32.5-million contract with the Major League Soccer club expired Dec. 31, will announce Thursday that he has reached agreement on a new contract for the 2012 season, which begins in March. Details of the contract were not immediately available but it is expected to call for a summer sabbatical from MLS play, allowing Beckham to play for the British team in the London Olympics.

[FOR THE RECORD: An earlier version of this post misidentified the British Olympic soccer team as English.]

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Beckham, who turns 37 in May, was offered an 18-month contract with French club Paris-St. Germain that would have paid him $1 million a month.

But Beckham, who has long said family concerns would play the biggest role in deciding where he would play, turned down that offer last month because his wife and four children enjoy living in Southern California.

Beckham had the most productive season of his short MLS career last year, playing 26 games and recording 15 assists, the second-highest total in the league.

That not only won him Comeback Player of the Year honors and a spot on the postseason Best XI, but it also helped the Galaxy to an MLS title, giving Beckham national titles in three countries.

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