Saturday, January 13, 2007

Beckham to LA Galaxy

Beckham to LA Galaxy.
Ex-England captain David Beckham will leave Real Madrid for the MLS when he joins LA Galaxy in August this year.

The deal

The 31 year-old player will earn £128m (US$250m) for a five-year contract. Equivalent to £50 a minute and make Beckham the highest-paid sports star in the US.

The contract provides for Beckham to share a part of profits made by his new team LA Galaxy possibly worth US$10 per year.

Beckham's annual salary with the Galaxy will be US$10m.

David Beckham's four main sponsors - Gillette, Motorola, Pepsi and Volkswagen bring in approximately US$25m a year.

David Beckham shirt sales total US$10m each year.

His share of the club profits: US$10m

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