He has currently signed a 5-year contract worth US$32.5 million in total or $6.5 million per year with L.A., despite the whole "$250 million" stunt. The $250 million was an estimate as to how much money Beckham could potentially make with endorsements, salaries and merchandise sales.
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$250 million for 5 years, making him one of the highest earning athletes of all time.
This is actually false. The $250mil was an estimate by Beckham's agents, predicting that he could possibly make $250 over five years, which includes salary, merchandise and endorsements.
Beckham is only paid $6.5mil per year by L.A. Galaxy, and he is currently in his last of year of his five year contract with the team.
LA Galaxy is paying Beckham $32.5 million over five years. He is expected to make about $200 million more in endorsements and merchandise fees.
His current contract (in its final year) for the L.A. Galaxy is worth $32.5mil USD over five years, coming out to $6.5mil per year.
It is a five year contract worth $32.5mil USD, which works out to $6.5mil per year.
David Beckham's contract for Los Angeles Galaxy is a 5 year contract. He is being payed 250 million dollars! 1 million dollars a week.