Ramblings of a Soccer Junky
Wednesday, December 06, 2006
  They keep getting richer
So, Beckham is worth £87 million (what's that...about US$ 170 million give or take)*.  Now, the rumors say (and keep telling us) that he's heading for LA and the league will pick up $400,000 of his salary.  According to the report, he's making  £4.4 million (about US$8.5 million) per season at Real.  There's a bit of difference there.  I'm having a tough time thinking AEG will fork out the difference.  Phil Anchutz didn't amass his fortune paying talent that much.

Fear not Spice fans.  There is a way to make the move happen.  Ya see, Beck's made about 5X as much money last year from sponsorship deals.  That's where AEG and MLS have lots of experience.  Those of you who payed attention the last 11+ years will know that most of the "big name" signings the league has had over the years have had contracts which kept them under the salary cap by giving them huge sponsorship deals. 

If Beckham comes to MLS, his playing salary won't be very big...though he'll probably end up making more money than ever thanks to those folks on Madison Avenue who work so hard to part us all from our hard earned money.

*Currency conversions were done based on today's exchange rate.  If you are reading this at some other time, it will probably be different and the US$ amounts will be higher because of political and economic policies which are weakening the Dollar.  However, as this isn't a political or economic blog, I'll avoid going on a rant here.

Comments: Post a Comment

Subscribe to Post Comments [Atom]

Links to this post:

Create a Link

<< Home
An American who fell in love with soccer while living in Europe.

Location: Hoosierville, IN, United States
August 2004 / September 2004 / October 2004 / April 2005 / May 2005 / June 2005 / July 2005 / August 2005 / September 2005 / October 2005 / November 2005 / February 2006 / March 2006 / April 2006 / May 2006 / June 2006 / July 2006 / August 2006 / September 2006 / October 2006 / November 2006 / December 2006 / January 2007 / February 2007 / March 2007 / April 2007 / May 2007 / June 2007 / July 2007 / August 2007 / September 2007 / October 2007 /

Powered by Blogger

Subscribe to
Posts [Atom]