The 43-year old has turned out for four Premier League clubs, with his current spell at Tottenham following appearances with Liverpool, Blackburn and Aston Villa, and his new deal will see the 'keeper turn 44 before his contract expires.
His 17 year Premier League career has seen many plaudits from both fans and media, topped off by a League Cup victory in 2002, and being named in the PFA Premier League Team of the Year in 2003.
Friedel has experienced a well travelled international career, having been capped 82 times by the United States national team between 1992 and 2005. His highest accolade for the USMNT was a third-placed finish at the 1999 edition of the FIFA Confederations Cup.
Potentially, the deal could see Friedel become the oldest ever Premier League player - a record currently held by John Burridge, who was 43 years and 162 days when he appeared for Manchester City in 1995. However, the deal also entails an Ambassadorial role in the Global Coaching programme, meaning first-team opportunities will be hard to come by.
The American made just one league appearance in the 2013/14 season - with Frenchman Hugo Lloris claiming the number one spot for the club - and it is likely that new boss Mauricio Pochettino will be searching for a younger backup 'keeper, allowing Friedel to focus upon the non-playing aspects of his new career.
His role, according to the official Spurs website will be focused across North America, as he engages with the 30 Supporters Groups in the country, in a search for increased global presence for the North London club, which can only be of added benefit to the club.
Fans of English football took to Twitter to praise Spurs' business, and Friedel's commitment to the club:
Unbelievable admiration for Brad Friedel .43 years old and still going strong— Just Max (@max_culpin) June 9, 2014
@friedel_b you deserve it! Waiting for your next role as goalkeepers' coach— Victor (@Victor77Te) June 9, 2014