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The league may have rejected a deal to bring David Ousted to LA, but it appears the front office had a backup plan.
According to league sources, the Galaxy are close to finalizing a trade that would see the Earthquakes goalkeeper head to Los Angeles in exchange for a combination of GAM and TAM funds.
If the deal is completed, San Jose will receive a combination of General Allocation Money and Targeted Allocation Money between $200,000 and $250,000.
Bingham, 28, joins the Galaxy after enduring a difficult 2017 campaign, one in which he lost his starting spot in San Jose to Andrew Tarbell.
However, Bingham does have considerable MLS experience. He was an understudy to Jon Busch for four seasons before securing the starting role in 2015.
He went on to play in 96 league matches, and also got called up by the United States during that time, making three appearances.
Bingham's move will also see him reunited with LA assistant coach Dominic Kinnear, who managed Bingham for parts of three seasons in San Jose.