Report: Landon Donovan agrees to new multi-year contract with LA Galaxy

Landon Donovan appears to be ready to close out his career as a member of the LA Galaxy.

A report on SI.com released Tuesday states that Donovan has signed a new multi-year contract with the Galaxy, ending speculation that the MLS and US national team star might try his hand elsewhere after the final year of his current contract expires in December.

On Tuesday afternoon, the club also released an advisory that revealed a "major announcement" will be made Wednesday at 3 pm ET regarding the future of Donovan.

The Galaxy declined to comment on the report to MLSsoccer.com.

Donovan, 31, is in the final year of his contract with the club and earlier this summer indicated he would weigh his options about a return to Los Angeles or a potential move elsewhere.

"We have received offers from teams in different countries that are intriguing," Donovan told Fox Soccer Daily on Aug. 19. "I'm still going to speak with the Galaxy and see how they value me and see where they want to go going forward.”

Days later he told TWC Sportsnet in Los Angeles, however, that he had all intentions of staying put if he could iron out a deal with the MLS Cup champions.

"I would like [to finish my career as a Galaxy player]," he told TWC Sportsnet. "Obviously as you get older you only have so many more opportunities to do things you want to do. Financially, things come into play, so all things being equal, I would love to be here, and we're working towards that and I'm hopeful that will happen."

If Donovan signs the deal he’ll almost certainly continue on in one of the Galaxy’s three Designated Player spots. The club signed defender Omar Gonzalez to a DP deal earlier this month, and striker Robbie Keane signed a new multi-year contract with the club in January.

Donovan scored his seventh goal of the season on Saturday in a 1-0 win over the Vancouver Whitecaps (above), the 131st regular season goal of his career. He now only trails Jeff Cunningham (134) and Jaime Moreno (133) as the highest goals scorers in league history.

Donovan has scored four goals in his past three league games after a red-hot summer, which included a return to the fold with the US national team and a pivotal role in the Americans’ first Gold Cup title since 2007.

He’s expected to be invited back when the USMNT convenes in the coming weeks ahead of World Cup qualifying matches against Costa Rica (Sept. 6) and Mexico (Sept. 10), marking his first appearances with the team during the Hexagonal round.

The Galaxy return to action at home Saturday night against the San Jose Earthquakes.