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Posts with tag Los Angeles Galaxy

Money Winners of 2007: David Beckham takes over the Galaxy

Soccer star David Beckham English soccer star David Beckham came to America earlier this year, joining the Major League Soccer's Los Angeles Galaxy with a base salary of $5.5 million and guaranteed compensation of $6,5 million, making him by far the highest paid soccer player in the United States. Throw in some marketing opportunities and profit-sharing options offered by team investor Anschutz Entertainment Group, and he's in a league of his own: Nearly 30 percent of MLS players are paid either $17,700 or $12,900.

Beckham's former team, Real Madrid, had paid him nearly $32 million annually. So, why the move for less money? Beckham is not just an athlete, but a fairly successful pitchman. His biggest endorsement, Gillette, pays him an estimated $9 million for three years, and he also lends his image to Pepsico (NYSE: PEP) products, Vodafone (NYSE: VOD), Adidas and -- yep -- Brylcream. Playing around the United States will give him a higher profile in the only market he hasn't conquered yet: ours.

B. Brandon Barker is the author of the novel Operation EMU.

Be sure to check out more Money Winners of 2007.



Continue reading Money Winners of 2007: David Beckham takes over the Galaxy

Can Major League Soccer go mainstream?

The New York Times interviewed Don Garber, Commissioner of Major League Soccer. He took over in 1999 after the league lost a quarter of a billion in its first five seasons, but things may be on an upswing. Attendance is up considerably this season, buoyed by the interest that international tabloid star David Beckham has brought. The league has landed some big corporate sponsors, its first long-term TV deal, and is expanding in size.

According to Garber, Beckham has had a huge impact: "We have sold more than 300,000 Beckham Los Angeles Galaxy jerseys, which was 700 times the number of Galaxy jerseys sold in 2006. Merchandise sales over all have gone up two or three times. International TV sales have gone up from next to nothing to distribution in 100 countries, with live games in Asia and Mexico."

But he also points out that, because of injuries, Beckham hasn't yet contributed on the field, but there's always next year. You have to worry about the quality of MLS' growth given that -- a 700-fold increase in sales of Galaxy jerseys for a tabloid-star who hasn't played much so far.

But it sounds like MLS is doing things right on a lot of other fronts so maybe the league will find success -- it may not become the fifth major sport, but it is developing a nice niche following.

Money Face-Off: Tiger Woods vs. David Beckham

This post is part of our Money Face-Offs feature. Let us know who you think comes out ahead in this head-to-head match-up, and check out our other Money Face-Off posts.

Celebrities -- they're more than superior human beings, they're money-making machines. If these celebrities were stocks, which would be the shrewd buy?

Tiger Woods, unarguably the world's greatest golfer, or David Beckham, the world's best-know soccer player -- in which would you invest?

The industry that is Tiger has shown consistent growth in earnings, with PGA winnings in his first 13 years as a pro exceeding $70 million. His presence in a golf tournament boosts television ratings by 50% or more. He almost single-handedly established Nike in the golf equipment world. He holds the #5 place in Forbes' Celebrity 100 and was #2 in press clippings in 2005. Nike (NYSE: NKE), Buick (NYSE: GM), American Express (NYSE: AXP), Accenture, Electronic Arts (NASDAQ: ERTS) and Tag Heuer are among the companies that shovel buckets of cash his way in return for his endorsement.

David Beckham is no slouch in the cash category, either. The Times estimates the soccer star brings in a cool $40+ million for endorsements, including Adidas, ESPN, and Motorola (NYSE: MOT). Even in soccer-lite America, he has 51.9% recognition, more than twice that of NBA MVP Tim Duncan of the San Antonio Spurs.

Continue reading Money Face-Off: Tiger Woods vs. David Beckham

Towel Talk: Beckham boots Bush off the front page

Dow Jones & Company Inc.'s (NYSE: DJ) Wall Street Journal (A.K.A, The Towel) occupies a unique spot in the media firmament. As I pointed out earlier in the year, it changed its footprint and now looks to me like a Holiday Inn bath towel. Towel Talk offers a perspective on its news and views.

Yesterday David Beckham booted George Bush off the front page of some leading Internet sites. As always, this item seemed to flow from somewhere -- maybe the White House -- to the power spot on drudgereport.com. And from there it landed on General Electric Company (NYSE: GE) and Microsoft Corporation's (NASDAQ: MSFT) msnbc.com's post position.

Call me naive, but I would have thought that Wednesday evening's cringe-inducing Iraq speech and Congress's reaction were of greater significance than a contract with a soccer player. But that was before my realization of two important realities -- the need to get that Bush speech off the Internet headlines and the need to promote the Republican-Celebrity-Industrial-Complex (RCIC).

Continue reading Towel Talk: Beckham boots Bush off the front page

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Last updated: December 02, 2008: 09:41 AM

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