David Beckham is returning to MLS, now as an owner. MLS Commissioner Don Garber announced that Beckham exercised his option to buy an expansion team with plans to play in Miami in a ceremony held in a Miami museum earlier today.

Beckham and his business partners Simon Fuller and Marcelo Claure will now continue to negotiate with Miami-Dade County Mayor Carlos Gimenez and city commissioners for a new purpose-built stadium to be built in downtown Miami. Claure said the team would not play in a temporary stadium during the interim.

As a result, there is currently no projected date as to when the team would begin playing. However, when it does begin play, it will be the 22nd team to join MLS after New York City FC and Orlando City SC begin play in 2015. Beckham said in a statement he is looking forward to continuing his involvement with MLS.

“Miami…