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
Brandao Faces One-Month Suspension for Head-Butt     
Bastia striker Brandao has been provisionally suspended until Sept. 18 by Ligue 1's disciplinary committee and ...
QPR Adds Two World Cup Players     
Queen Park Rangers on Friday confirmed the signing of Chile forward Eduardo Vargas on a season-long ...
Neymar Suffers Ankle Sprain    
Barcelona forward Neymar has picked up an ankle sprain in training and will be out of ...
Conte: 'We're Counting on' Rossi     
Antonio Conte said he is "counting on" New Jersey native Giuseppe Rossi as he draws up ...
Balotelli-Liverpool Talks Continue    
Mario Balotelli has arrived in Liverpool for a medical ahead of his expected 16 million pound ...
Report: Top Clubs Opening US Academies     
The AP reports that South American and European soccer powerhouses are opening full-time soccer academies across ...
Legia Loses CAS Appeal     
Legia Warsaw has said it will sack the administrator blamed for the clerical error that resulted ...
Report: BVB's Sponsors to Buy Stakes     
Borussia Dortmund on Thursday announced that the club would issue up to 24.5 million shares in ...
Simeone: Atletico Can't Compete with Real, Barca    
In an interview with La Gazzetta dello Sport, Atltico Madrid coach Diego Simeone emphasized that despite ...
Dzeko Signs Four-Year Man City Contract     
Manchester City striker Edin Dzeko on Thursday signed a new four-year deal with the defending Premier ...
>> Section 2 Around the Net Archives