Kaka will move on loan to Sao Paulo before joining new Major League Soccer club Orlando City.
AC Milan and Kaka have parted ways by mutual consent, the Italian club announced on Monday.
Sao Paulo claim they have reached a verbal agreement with the MLS, Orlando City and AC Milan to take Kaka on loan.
Sao Paulo president Carlos Miguel Aidar has said he is “confident” of a deal to sign Kaka on loan from Orlando City.
AC Milan have not ruled out the idea of selling Mario Balotelli after the club admitted 'nobody is irreplaceable'.
New Major League Soccer outfit Orlando City have confirmed they are in talks about signing Kaka from AC Milan.
Sao Paulo have opened the door for Kaka to return to the club, but will leave any homecoming decision in his hands.
AC Milan vice-president Adriano Galliani has confirmed that playmaker Kaka is set to remain at the club next season.
Kaka admits to being unsure as to what the future holds for him at AC Milan, as transfer speculation circulates.
Kaka wants to remain at AC Milan next season despite the Rossoneri looking set to miss out on European football.
AC Milan playmaker Kaka has yet to decide if he will remain at the Serie A club next season.
Sao Paulo's new president Carlos Miguel Aidar has expressed a desire to bring Kaka back to the club from AC Milan.
AC Milan captain Riccardo Montolivo hopes Brazilian playmaker Kaka will remain at the club next season.
Kaka has casted doubt on his future at AC Milan after revealing that he is considering a move to the United States.
Kaka is looking forward to Sunday's clash with Serie A leaders Juventus, believing the AC Milan can win.
Kaka insists AC Milan will travel to Atletico Madrid next month with optimism, despite suffering a 1-0 first-leg defeat.
AC Milan midfielder Kaka is relishing the prospect of taking on Atletico Madrid in the Champions League.
Kaka knows he needs to keep performing for AC Milan if he is to get the chance to play for Brazil at the World Cup.
Brazil technical director Carlos Alberto Parreira says that Kaka still has a chance of making the World Cup squad.
Kaka believes victory over Celtic in the Champions League could prove to be a turning point for struggling AC Milan.