It was announced this week that David Beckham made $17 million in endorsements while playing for the LA Galaxy this past year. It seems like a tremendous amount to pay an athlete who is in a sport that no American’s are watching.
I decided to look back and see what endorsements looked like 10 years ago.
In December of 1999 George Foreman signed a deal with a company called Salton. No one knew who Salton was but they were about to get the rights to the Foreman Grill. Foreman himself stood to make $137.5 million over five years as the spokesman. Little known fact; Salton wanted Hulk Hogan to originally but Hogan turned the idea down! Whoopsies! (more…)