James Rodriguez (R) stands with his wife Daniela and Real Madrid president Florentino Perez (L) as he holds up his new Real Madrid jersey. Photo: Juan Medina/Reuters
James Rodriguez (R) stands with his wife Daniela and Real Madrid president Florentino Perez (L) as he holds up his new Real Madrid jersey. Photo: Juan Medina/Reuters
MADRID, SPAIN - JULY 22:  James Rodriguez waves to fans during his unveiling as a new Real Madrid player at the Santaigo Bernabeu stadium on July 22, 2014 in Madrid, Spain. Real agreed to buy Rodriguez from AS Monaco for the next six seasons for an undisclosed transfer fee.  (Photo by Denis Doyle/Getty Images)
MADRID, SPAIN - JULY 22: James Rodriguez waves to fans during his unveiling as a new Real Madrid player at the Santaigo Bernabeu stadium on July 22, 2014 in Madrid, Spain. Real agreed to buy Rodriguez from AS Monaco for the next six seasons for an undisclosed transfer fee. (Photo by Denis Doyle/Getty Images)
James Rodriguez plays with a ball and poses for photographers, during his official presentation at the Santiago Bernabeu stadium in Madrid. Photo: Daniel Ochoa de Olza/AP
James Rodriguez plays with a ball and poses for photographers, during his official presentation at the Santiago Bernabeu stadium in Madrid. Photo: Daniel Ochoa de Olza/AP
MADRID, SPAIN - JULY 22:  James Rodriguez controls the ball during his unveiling as a new Real Madrid player at the Santaigo Bernabeu stadium on July 22, 2014 in Madrid, Spain. Real agreed to buy Rodriguez from AS Monaco for the next six seasons for an undisclosed transfer fee.  (Photo by Denis Doyle/Getty Images)
MADRID, SPAIN - JULY 22: James Rodriguez controls the ball during his unveiling as a new Real Madrid player at the Santaigo Bernabeu stadium on July 22, 2014 in Madrid, Spain. Real agreed to buy Rodriguez from AS Monaco for the next six seasons for an undisclosed transfer fee. (Photo by Denis Doyle/Getty Images)
New Real Madrid player James Rodriguez plays with a ball and poses for photographers during his official presentation at the Santiago Bernabeu stadium. Photo: Daniel Ochoa de Olza
New Real Madrid player James Rodriguez plays with a ball and poses for photographers during his official presentation at the Santiago Bernabeu stadium. Photo: Daniel Ochoa de Olza
New Real Madrid player James Rodriguez plays with a ball as he poses for photographers during his official presentation at the Santiago Bernabeu stadium in Madrid. Photo: Daniel Ochoa de Olza/AP
New Real Madrid player James Rodriguez plays with a ball as he poses for photographers during his official presentation at the Santiago Bernabeu stadium in Madrid. Photo: Daniel Ochoa de Olza/AP
A fan is grabbed by security guards as he tries to embrace the new Real Madrid player James Rodriguez during his official presentation at the Santiago Bernabeu stadium. Photo: Daniel Ochoa de Olza/AP
A fan is grabbed by security guards as he tries to embrace the new Real Madrid player James Rodriguez during his official presentation at the Santiago Bernabeu stadium. Photo: Daniel Ochoa de Olza/AP
James Rodriguez controls the ball during his presentation at the Santiago Bernabeu stadium in Madrid. Photo: Juan Medina/Reuters
James Rodriguez controls the ball during his presentation at the Santiago Bernabeu stadium in Madrid. Photo: Juan Medina/Reuters

Real Madrid signed Colombian striker James Rodriguez from Monaco on a six season contract.

Spanish media said Real paid about EUR80 million for Rodriguez, making him one of the most expensive players ever.