Bridger PenningtonFund Launch & Investment Expert

This is How David Beckham made $500 MILLION

17 Jun 2023 · 1 min

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David Beckham took a pay cut to join LA Galaxy but negotiated the right to buy an MLS franchise for $25 million. When he opened Inter Miami, that franchise was worth around $530 million, giving him a roughly $500 million paper gain.

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This is how David Beckham made $500 million off of one little clause in his contract. So when David Beckham was moving from Europe to sign with LA Galaxy, he actually took a 70% pay cut when doing this. A lot of people criticized him for why are you moving to the United States taking less money, but one unknown thing in his contract that he signed with the MLS was that he could open a franchise after he retired for $25 million. Now at the time, the average franchise was about $50 million. So on paper, he had a $25 million spread. Well, fast forward to today in 2023, the average MLS franchise is worth over $530 million. And yes, David Beckham did just that. He opened Inter Miami for the low price of $25 million, and boom bada bing, he made half a billion dollars on paper with one little clause in his contract.