MLS Legend David Beckham Earned More Than $500 Million in USA Despite Just $6.5 Million Salary From LA Galaxy – Here’s How
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David Beckham is one of the most known soccer stars in the world. Apart from being an amazing soccer player, he is also one of the best businessmen in the soccer world. It may seem weird in the beginning, but he once took a 70% pay cut in his salary and moved to MLS. Even after taking the cut, he made millions and millions more.
His salary went from 20 million USD to just $6.5 million. It shocked everybody when it came out that David Beckham had taken such a big pay cut, but nobody knew at the time that he was playing the long game.
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Beckham played for elite clubs like Real Madrid and Manchester United. Then he moved to MLS and played for LA Galaxy. His salary was just capped at 6.5 million from 20 million USD. But he didn’t make a mistake; he was just 2 steps ahead. His contract had clauses that would mean high profit for the English soccer star.
David Beckham earned 500 million USD
According to reports, Beckham managed to get a clause in his contract, which meant that the star will be taking a pay cut in his salary but he will also earn a percentage from the revenue of the team. The trick worked and in a total of 5 years in MLS, David Beckham earned around 225 million in salary, brand integrations, and revenue shared. This figure is around 50 million USD annually. It made David Beckham the highest-paid player in the world.
David Beckham shocked the world when he left Real Madrid in 2007 to sign with the LA Galaxy of MLS.
He was just 31 years old and accepted a 70% pay cut.
But his contract included two unique clauses that eventually helped him earn more than $500 million.
Here's the story 👇 pic.twitter.com/4iXmaWXjLs
— Joe Pompliano (@JoePompliano) January 4, 2023
He also managed to get another clause in the contract, allowing him to get an MLS expansion team after his retirement. It was written that David Beckham can get a team for just 25 million USD. To say that he got the maximum value from this clause would be a big understatement.
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He got a team of 25 million when other entities played hundreds of millions for the MLS expansion team. His team Inter Miami played their first season in 2020. The club Inter Milan is already valued at 585 million USD.
Beckham earned millions last year
According to reports, David Beckham generated a revenue of around 34 million USD. They generated revenue from various strings of businesses. He was also the part of Qatar World Cup as he made around a 180 million USD deal. They criticized David Beckham all over the world for the same deal because of the anti-LGBTQ+ laws in the country.
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Watch This Story: Lionel Messi Receives One Word Message From Hendrick Motorsports Legend Jimmie Johnson Post World Cup Heroics
The star soccer player married Spice Girls member Victoria Beckham in 1999. The couple has 4 kids together and are making just better and better business decisions.
Edited by:
Sreeda U M