Feb 5, 2013, 11:13 AM EDT
I was assailed by some as a hopeless cynic last week when I dared wonder about David Beckham’s contract with Paris Saint-Germain – specifically about the philanthropic salary handoff.
At last week’s introductory news conference, Beckham said his salary would go to a local children’s charity. In fairness, any amount of money donated to service and good cause is certainly a worthy thing.
But was the gesture a little less grand and noble as it seemed? It’s not so far-fetched. After all, Beckham does have a full roster of handlers, agents, reps and story spinners who are invested in reaping as much sweet publicity fruit from every vine in the (now diminishing) Beckham vineyard.
How much, I wondered, of his total compensation was “salary,” and how much was in apparel sales, bonuses or some other high-dollar hocus pocus?
The Times of London did a little digging and, voila!
David Beckham’s financial footwork in moving to France was hailed as equal to his football skills yesterday after experts suggested that the deal had been structured to avoid a big tax bill.
The former England captain’s move to Paris Saint-Germain saw him dribble past France’s tax regime last week while portraying himself as a philanthropist.”
This piece from the Sports Business Daily is a good summation of the structure and numbers within Beckham’s deal.
Again, charity is charity and everything helps. And we could be talking about a lot of money going to local children. Still, it always seems tacky when athletes or celebrities want credit for their good works without being quite so open about the true details or the actual intent of the effort.
Jul 29, 2014, 11:20 PM EDT
“I can only say that I’m very happy at City and at the moment we are talking about a contract,” Dzeko said.
Jul 29, 2014, 10:36 PM EDT
The 3,600 meters of elevation will provide a stiff challenge, with many opposing clubs having fallen victim to the altitude.
Jul 29, 2014, 9:43 PM EDT
Manchester United continued their success in the US with a third consecutive victory.
Jul 29, 2014, 9:01 PM EDT
Sturridge and Ibe step to the mic and hold their own.
Jul 29, 2014, 8:24 PM EDT
In team news, van Gaal has decided to go with his fabled 3-5-2.
Jul 29, 2014, 8:03 PM EDT
In a startling revelation, AS has revealed that Radamel Falcao has begun following three Real Madrid players on Instagram.
Jul 29, 2014, 7:08 PM EDT
Big day for headlines coming out of Southampton but this one looks to be quite promising for Saints fans.
Jul 29, 2014, 6:30 PM EDT
Twenty-seven years after his first stint with Gremio, Luis Felipe Scolari is returning to the Brazilian side as its new manager.
Jul 29, 2014, 6:00 PM EDT
Krkic, who made the $6.7 million move from Barcelona last week, scored a cracker of a first goal for Stoke City.
Jul 29, 2014, 5:25 PM EDT
Tevez’s family was then phoned and told to deliver a ransom of $5,000 (40,000 pesos).
Jul 29, 2014, 4:53 PM EDT
“Every penny of that will be up for reinvestment as transfer fees and wages,” Krueger said.
Jul 29, 2014, 4:03 PM EDT
Where, exactly, Ronaldinho’s future ends up is anyone’s guess.
Jul 29, 2014, 3:22 PM EDT
ICC and MLS action is in full swing in the USA this week. Watch it all online, here.
Jul 29, 2014, 2:57 PM EDT
Jacobson arrives in the Big Apple from Dallas. Will Aquilani join him?
Jul 29, 2014, 2:20 PM EDT
Now Schneiderlin wants out as Saints’ incredible exodus continues to take a turn for the worst.
Jul 29, 2014, 1:58 PM EDT
Despite not winning any silverware last season, Barcelona were big winners off the pitch.
Jul 29, 2014, 1:21 PM EDT
Tevez’s father, Juan Carlos Cabral, is said to have been kidnapped in Buenos Aires and held for ransom.
Jul 29, 2014, 1:15 PM EDT
Southampton duo are going nowhere, despite being linked with Tottenham switch.
Jul 29, 2014, 12:37 PM EDT
Liverpool sign talented Belgian teenager, will loan him back to Lille this season.
Jul 29, 2014, 12:11 PM EDT
Even after calling African players “banana eaters” this man is set lead the Italian FA.
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- Tim Howard joins NBC Sports’ Premier League broadcast team on multi-year deal 11
- VIDEO: US stars fight – Omar Gonzalez vs. Clint Dempsey, DeAndre Yedlin 6
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- MLS Snapshot: Seattle Sounders 0-3 LA Galaxy 3