Professional athletes spend countless hours training to reach the level it takes to become elite in their field. Once that goal is attained, most of them experience a rapid increase in personal wealth and disposable income. When their extraordinary personal spending habits become topics for the media, they often become a target for scrutiny. This is what happened to this list of spenders who are a common sight in the gym or on the sports fields.
It comes as no surprise that Manchester United soccer player David Beckham likes to be seen looking good. As fashion entrepreneurs, both he and his wife, Victoria, have lines of clothing and fragrances and are spokespeople for the industries. Dubbed a ‘metrosexual’ many times over, Beckham spends a large portion of his income on keeping up his family’s appearance. Even his four children grew up with expensive tastes and two of his sons, Brooklyn and Romeo, have modeled. When his only daughter, Harper, was born in 2011, he was spotted shopping for his infant at the high-end California baby shop, Bel Bambini, where he spent seven hundred dollars, including ninety-four dollars on shoes, 132 dollars for pajamas, and forty-six dollars on leggings.
Victoria, a British Fashion Award winner, experienced a loss of £3.8 million from her clothing line, aptly named Victoria Beckham, which is sold in her Mayfair store in London. David transferred £5.2 million to her business account, an act called discounted operations, and “mov(ed) the profits between themselves.”
Besides his earnings on the soccer pitch, Beckham has a lifetime endorsement contract with Adidas worth 160 million dollars. In the past, he has also been paid for promoting Pepsi, Armani, Breitling, H&M, Diet Coke, Burger King, Samsung, and Walt Disney theme parks. Lloyd’s of London insured his legs for £100 million in 2006.