Join Now | 
HomeAboutContact UsPrivacy & SecurityAdvertise
Soccer America DailySpecial EditionAround The NetSoccer Business InsiderCollege Soccer ReporterYouth Soccer ReporterSoccer on TVSoccer America Classifieds
Paul Gardner: SoccerTalkSoccer America ConfidentialYouth Soccer InsiderWorld Cup Watch
RSS FeedsArchivesManage SubscriptionsSubscribe
Order Current IssueSubscribeManage My SubscriptionRenew My SubscriptionGift Subscription
My AccountJoin Now
Tournament CalendarCamps & AcademiesSoccer GlossaryClassifieds
Becks Bucks Roll in at AEG
AFP, April 20th, 2007 2:54PM

MOST READ

MOST COMMENTED

David Beckham has already helped the Los Angeles Galaxy recoup nearly three times the value of his annual salary-and he won't even kick a ball in MLS until July. "We were never worried about our financial commitment," said Tim Leiweke, chief executive of Galaxy owner Anschutz Entertainment Group. "We've already made our money back."
 
And then some. AEG says Becks has allowed the club to sell an additional 7,000 season tickets this season, worth about $5 million. After increasing the price of premium seats by 48 percent, AEG expects revenue to double to around $10 million. Add to that the five-year, $20 million sponsorship agreement the Galaxy struck with Herbalife-also attributable to the presence of Beckham, according to the nutritional products company-and you get a grand total of $14 million in 2007 revenue thanks to David Beckham, $9 million more than his annual salary. And that figure doesn't take same-day ticket or merchandise sales into consideration.   
 
Given that return, we can understand why AEG is ready to make another big investment in a designated player. No wonder Zinedine Zidane is once again being linked with MLS; AEG certainly has the means to bring him over-in fact Leiweke was recently quoted by Italy's Gazzetta dello Sport as saying, "[Zidane] knows our door will always be open. His contract won't be a problem." The ball is now in Zizou's court.

Read the original story...



No comments yet.

Sign in to leave a comment. Don't have an account? Join Now




AUTHORS

ARCHIVES
FOLLOW SOCCERAMERICA

Recent Section 2 Around the Net
Atleti Re-signs Tiago     
Atletico Madrid on Tuesday re-signed Tiago Mendes on a two-year deal, despite interest from Premier League ...
Koeman: Dani Osvaldo for Sale    
Southampton manager Ronald Koeman has confirmed that Daniel Osvaldo is for sale, but reports in Italy ...
BVB: Hummels, Reus Not for Sale    
Borussia Dortmund coach Jurgen Klopp on Tuesday poured cold water over the transfer speculation swirling around ...
Shakhtar Brazilians Defected Because of 'Deadly Risk'    
Shakhtar Donetsk midfielder Douglas Costa says he and his fellow Brazilian players have refused to return ...
Brazil Reappoints Dunga as Head Coach     
The Brazilian soccer association (CBF) on Tuesday appointed Dunga as coach of the Brazilian national team, ...
Official: James Joins Real     
James Rodriguez on Tuesday became the fourth most-expensive player ever, signing a six-year deal with European ...
City's Negredo Breaks Foot    
Manchester City striker Alvaro Negredo has broken his foot and will be out of action for ...
Liverpool Close to Remy Signing    
Liverpool on Monday activated the release clause of Queens Park Rangers striker Loic Remy, agreeing to ...
Evra Joins Juventus    
Juventus on Monday confirmed that Patrice Evra has officially joined from Manchester United on a two-year ...
Prandelli: Balotelli's World 'Far Away from Reality'    
Cesare Prandelli has said he did not fall out with Mario Balotelli during the World Cup ...
>> Section 2 Around the Net Archives