David Beckham earns $75K for Gareth Bale's signing to LAFC
Gareth Bale is one of the bomb signings of the 2022 MLS season, he is a player who comes loaded with an impressive record with Real Madrid, even if his performance in Spain was a disappointment for the Merengue team, where for years more was expected of him.
This allowed LAFC to bring him in at a bargain price and, in the process, benefited David Beckham's Inter Miami, which received a compensation of $75,000, due to a rule implemented by MLS to regulate the signing of players from foreign leagues, called Discovery List.
How was the Discovery List applied to the signing of Gareth Bale to MLS?
In order to sign the Welsh player, LAFC used money in addition to its salary cap, called Targeted Allocated Money (TAM) to reduce the salary cap impacts of various players and not break its 2022 budget.
However, it also had to consider the guidelines of the Discovery List, a rule that MLS applies to players who are followed by their franchises in foreign leagues, but are not under contract with MLS or subject to the other allocation mechanisms for the U.S. league.
So, when a team wishes to sign a player in the future, it assigns him this clause, which functions as a set-aside right to bring him to MLS over other teams. In the case of Gareth Bale, Inter Miami had this clause and LAFC had to pay $75,000 to acquire the right to sign him.
The objective of this rule is not to increase the cost of a player because of a dispute between two MLS teams, so it helps to respect the salary caps that apply, similar to those applied in the four major U.S. sports leagues (NFL, NBA, MLB and NHL).
How much will Gareth Bale earn in MLS?
The advantage for LAFC is that the Welsh player's salary is extremely low compared to what he went on to earn at Real Madrid. His salary for the 2022 season is set at $1.6 million because he joined the team as a free agent, so, according to the league's tabulator, this is the salary assigned.
If he had been registered as a "designated player", his salary would have been $3.5 million. If we add the $75,000, the gross signing fee is considerably less than the $20.3 million per season that Gareth Bale earned at Real Madrid.
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