Recall that Boateng, 32, failed to agree an extension to his deal at the Allianz Arena last season.
The German completed a medical on deadline day ahead of signing a contract until 2023.
"Free from any contract since July 1 after 10 years with Bayern Munich, the 2014 World champion and two-time Champions League wins, ner has signed up with OL for the next two seasons, i.e. until June 30. 2023."
Jerome won the 2013 and 2020 Champions League, nine Bundesliga titles and five German cups during his stay in Bavaria.
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