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.
Oct 21, 2014, 12:10 AM EDT
Paderborn hasn’t stopped winning or scoring insane goals, if you haven’t noticed.
Oct 20, 2014, 11:29 PM EDT
Actor Mark Consuelos made his way to the Crap Part of Soho while the Men In Blazers tried to keep the ball out of their own net.
Oct 20, 2014, 10:47 PM EDT
Bayern Munich have a very difficult match on the road in Italy, while other matchups in Spain, Russia, and Germany will all prove enjoyable.
Oct 20, 2014, 9:28 PM EDT
Meghan Klingenberg bagged a laser beam for her first US goal and Abby Wambach grabbed two as the Americans will move on to the semifinals.
Oct 20, 2014, 8:42 PM EDT
Manchester Police confirmed a man was arrested after flying a drone over the match that entertained 45,000 people.
Oct 20, 2014, 8:00 PM EDT
Aron Johannsson bagged a penalty in his return from groin surgery, while Juan Agudelo continues to search for a new club.
Oct 20, 2014, 6:55 PM EDT
Adel Taarabt says the harsh words from manager Harry Redknapp are not only untrue but damaging as a professional.
Oct 20, 2014, 6:16 PM EDT
The New York Cosmos completed a massive signing, beating out a few of his former clubs to nab the Spanish legend as a player and coach.
Oct 20, 2014, 5:36 PM EDT
Despite a solid confirmation from Croatia, the friendly will reportedly not be happening.
Oct 20, 2014, 4:56 PM EDT
Manchester United came from behind twice but still must settle for a disappointing result away from home.
Oct 20, 2014, 4:35 PM EDT
19-year-old Lazio striker Keita Balde Diao somehow walked away from what looks to be a major accident. His Lamborghini, however, didn’t.
Oct 20, 2014, 3:20 PM EDT
Unruly fans will cost Wales and Galatasary as UEFA continues to crack down on off-the-pitch incidents.
Oct 20, 2014, 2:35 PM EDT
The yearly tournament organizes five-a-side matches for people that are homeless or living in extreme poverty.
Oct 20, 2014, 1:30 PM EDT
Liverpool, Everton and Swansea City are just a few of the Premier League clubs reportedly looking to sign the Marseille winger.
Oct 20, 2014, 12:37 PM EDT
With transfer rumors swirling, the Arsenal forward made it clear that he is #AlwaysAGunner.
Oct 20, 2014, 11:51 AM EDT
Amidst the Ebola outbreak, South Africa has ruled out hosting the continent’s premier tournament should Morocco back out.
Oct 20, 2014, 11:00 AM EDT
Sad news out of India as a young player died after injuring his spinal cord during a celebration.
Oct 20, 2014, 10:15 AM EDT
Ahmed Musa stirred the pot ahead of his club’s Champions League clash this week, calling out City’s form.
Oct 20, 2014, 9:30 AM EDT
Watch the Baggies take on Manchester United today, live at 3:00 p.m. ET on NBCSN.
Oct 20, 2014, 8:40 AM EDT
The Chelsea backup is teaching his replacement how to stay safe from head injuries, which have affected both keepers.
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