Beckford, 29, heads to the Reebok Stadium after two seasons with the Foxes, having joined the Club from Everton on transfer deadline day in August 2011. He made 49 appearances in all competitions for City, scoring 15 times.
Jermaine spent the majority of last season on loan with fellow Football League Championship side Huddersfield Town, where he scored eight times in 21 league appearances, aiding the Terriers’ successful fight against relegation.
Leicester City would like to wish Jermaine well in his future career.