Monday, May 29, 2023

David Beckham made over $500 million after signing with the LA Galaxy

This Tuesday the historic English player and current owner of Inter Miami, David Beckham Celebrating his 48th birthday, we look back at his success story in MLS Because as a player he shone with the LA Galaxy and is currently looking for the right formula to guide Inter Miami to success in American football.

Although David Beckham is currently experiencing a new phase in his career by becoming a co-owner inter miami In MLS, the former LA Galaxy, Real Madrid and Manchester United footballer was strongly criticized For his bets on playing in North American football.

Well, in that 2007 the former English selected player gave up 70% of his salary with Real Madrid to play with the LA Galaxy in exchange for $6.5 million per season with the Galactic team. However, now nearly 15 years later, two secret clauses have emerged that led to the former England captain earning more than $500 million during his time in MLS.

Journalist Joe Pompliano He shared a thread through his Twitter account in which he told How two secret clauses helped Beckham turn his winnings with the LA Galaxy into an incredible sum of over half a billion dollars.

According to research done by Pompliano, Beckham managed to negotiate a percentage of the Los Angeles club’s earnings, including official articles, match tickets, and food and beverages sold at each LA Galaxy match, increasing Beckham’s $6.5 million. Over 50 million per year.

Overall, during the five seasons that Beckham was with the LA Galaxy, he received a total of $255 million with the above agreements. However, another clause helped him double that figure, allowing him to become the co-owner of Inter Miami today.

Beckham’s incredible business upon arrival in MLS with the LA Galaxy

already mentioned increase in profits of David Beckham was on the rise by signing a clause that gave him the right to purchase an MLS expansion team in exchange for $25 million after retiring as a professional. A higher figure than what Toronto paid for his arrival in MLS.

Although recently With Inter Miami joining MLS in 2020, Beckham didn’t have to pay a million-dollar figure for an expansion like New York City FC, Austin FC, Cincinnati, Nashville and most recently Charlotte and St. Louis did. franchisees who paid between $100 and $325 million.

With the arrival of Inter Miami, Beckham exercised his option to purchase an expansion franchise for $25 million. fact which brought him great advantage and increased his fortune even more.

Beckham’s franchise was rated one of the best values ​​in MLS It is ranked 10th with an estimated value of $585 million, a figure 2,240% increase from the $25 million that Beckham initially invested.

Nation World News Desk
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