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It's official: Major League Soccer awards expansion team to Miami

The long wait is finally over: Major League Soccer on Monday officially granted Miami an MLS expansion team.

The announcement was made at an event held in Miami's Adrienne Arsht Center, featuring the club's ownership group comprised of local and global entrepreneurs who have an agreement in place to build a world-class soccer stadium: global soccer icon and former MLS player David Beckham; Sprint CEO Marcelo Claure, SoftBank board member and longtime Miami resident and entrepreneur; Jorge and José Mas, the Miami-based leaders of telecommunications and construction giant MasTec; Masayoshi Son, founder and CEO of SoftBank; and entertainment entrepreneur and manager Simon Fuller.