Valderrama, a veteran of three World Cups, played seven seasons in MLS (1996-2002) for Tampa Bay, Miami and Colorado.
The game in Barranquilla will pit Colombians against a world all-star team including Eric Cantona, Jose Luis Chilavert, Cafu, Emilio Butragueno, Juan Sebastian Veron and Jorge Campos.
It will be televised live in the United States by Gol TV (Sunday, Feb. 1, 7 pm