David Beckham Earned $23M Last Year From Branding Firm Footwork Productions
David Beckham has received a £14.1M ($23M) pay package "from a company set up to cash in on his worldwide fame," according to the HERALD SCOTLAND. Annual accounts for '12 filed by Footwork Productions "show it rewarded its highest paid director, understood to be the former Real Madrid and Manchester United star," with the sum equivalent to more than £270,000 ($430,000) a week. That was up 6% from the £13.28M paid out in '11. The accounts show the business took in £16.5M of turnover across '12, an increase of almost 8% from the £15.3M recorded in the prior year. Beckham, who concentrates on his name -- part of the so-called Brand Beckham -- and image rights, more than doubled pre-tax profits from £167,918 to £390,539 in a year when he played in the U.S. for Major League Soccer L.A. Galaxy (HERALD SCOTLAND, 10/7).