Here's the link ... http://sportsillustrated.cnn.com/2007/writers/grant_wahl/01/17/beckham.qa/?cnn=yes
According to this article - There is more to Beckham's deal than the guaranteed salary, however. Beckham will also earn 40-to-50 percent of Galaxy jersey sales and an undisclosed share of ticket revenues. And that's not all. "There are certain aspects of the deal that are ultimately about the upside value of the league as a whole that David can participate in," says Leiweke. "Our partners all had to sign off, and they did. We had a couple of interesting board calls, but they did."
Long story short: Beckham may or may not earn $250 million over the next five years, but the majority of his income will continue to derive from endorsements and not from the Galaxy or MLS. From my perspective, it's a shame that the phrase "$250 million contract" became gospel in the media, because it's terribly misleading and just not correct.
2007-02-11
06:53:03
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4 answers
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asked by
Ruud_Kaka_Niko_Fan
5
in
Other - Football