David Beckham’s expanding Esports empire

Soccer legend David Beckham is increasing his involvement in the rapidly growing Esports world. Back in May 2020, Beckham invested around $319,000 in Guild Esports that was done through another of his businesses, DB Ventures. The investment made him the fourth-largest shareholder in Guild Esports. Guild Esports fields competitive teams in games like Rocket League, FIFA, and Fortnite.

However a new report from The Esports Observer has suggested that Beckham will be paid almost $20 million over the next five years by Guild Esports. The report states that before Beckham invested in Guild Esports, a deal was made between the company and Footwork Productions, a company owned by Beckham that is used to license his name and image rights. The deal is worth a minimum of £15.25 million  ($19.78 million) over five years, with Beckham becoming the face of Guild Esports in return. In other words, even if disaster strikes and the company loses all its value, Beckham and his companies will still have made millions in profit through these deals.