Lee, who played in 127 matches for South Korea before retiring from international football earlier this year, had inked a one-year deal with an option of a one-year extension, the Yonhap news agency quoted the player's agency as saying. Other terms of the deal were not disclosed.
"I am happy with the atmosphere in Vancouver, and I was also impressed with the management's professionalism," Lee said in a statement released through the agency. "I am going to play hard and help the team post a good record next season."
Lee played in three World Cups and was part of Guus Hiddink's side that reached the 2002 semi-finals on home soil.
He joined Dutch club PSV Eindhoven in 2003 and moved to English side Tottenham two years later, where he was a member of the League Cup winning side of 2008. Lee has also played for German club Borussia Dortmund and Saudi Arabia's Al Hilal.
