Red Bulls make Cahill signing official

Red Bulls make Cahill signing official

MLS- New York Red Bulls

Red Bulls make Cahill signing official

Cahill (Getty Images)

After days of dodging speculation regarding the transfer of Tim Cahill to MLS, the New York Red Bulls made it official: The Australian international and former Everton star attacker is the club's third Designated Player.

The Red Bulls announced the signing of Cahill Thursday after he trained with the club for the first time. Everton announced the transfer on Monday, saying it was pending Cahill passing a physical and agreeing to personal terms with the Red Bulls. Both conditions are taken care of, and according to Fox Soccer, the 32-year-old Cahill is signed for three years at $3.5 million per season, which would make him the third-highest paid player on the team and fourth-highest player in the league behind Thierry Henry, Rafa Marquez and David Beckham.

"(Cahill) is the technical, physical presence we have been looking to add in our team, and he brings a wealth of experience to our club having played in some of the highest levels of international soccer," Red Bulls general manager Erik Soler said in a statement. "Tim is a proven leader both on and off the field, and we believe that he can help us immediately in our quest to win the MLS Cup this season."

What do you think of the signing? Are the Red Bulls the favorite to win MLS Cup now? Is Cahill worth that price tag?

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