- 06:14 PM ET 03.09
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In the past, I've posted some blog posts on my other sites that have been extremely critical of David Beckham and MLS's signing of him to a megabuck "personal services" contract package. However, in this case, I must offer kudos to him. He is a very smart businessman. I mean he has to figure out something to do with that $250,000,000 that Major League Soccer is throwing at him. So perhaps an MLS franchise is a way to develop his post career financial portfolio. I mean an MLS franchise is risky business, especially if the league implodes like the NASL, the MISL, and the NPSL indoor league before them. Nevertheless, it is a tax shelter and he can write off the profuse financial bleeding that professional soccer leagues in the United States normally incurs. Thus, David Beckham is a savvy entrepreneur which unfortunately is sorely lacking in the business of professional soccer in the United States. Furthermore, he can use the extra spending money to get online and pad a collection of Mrs. Beckham's music recordings. Either that or else he can donate to Mrs. Beckham's patented shopping sprees. Probably the latter rather than the former. David Beckham is a perfect example of what it means to live the American Dream.
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