He will be available to join LA Galaxy where Stars like David Beckham, Robbie Kaene and Thierry Henry once played for. Gerrard's contract with the Reds expires in June.
The retirement of 32-year-old Galaxy captain Landon Donovan, an all-time best top scorer for MLS, has paved the way for Gerrard to join the league and as one of its top earner on a worth of around four million pounds a year and about seventy-six thousand pounds weekly.
The MLS's season runs from March through to October. The full fixture list will be announced on Wednesday this week.
Also, Ex-Blues and current Manchester City's mid-fielder, Frank Lampard, 36, will join New York City in the summer after his short-term deal at Manchester City was extended until the end of the season.
Former LA Galaxy player Alexi Lalas told BBC Radio 5 live that Gerrard will be "an ambassador" for the MLS on and off the field.
Gerrard has scored nine times in all competitions this season, including both of his side's goals in Monday night's FA Cup third-round win at AFC Wimbledon.
Liverpool have come in for some criticism since news of his impending departure broke, with former team-mate Jamie Carragher among those who believe they should have done more to keep the England's skipper.
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