Zlatan Ibrahimovic has reportedly been forced to take a 95 per cent pay cut to join the L.A. Galaxy, with his wages dropping from €21.8 million per year to €1.2 million.
The MLS side have filled all four franchise player spots and have a wage limit of €3.2 million, meaning they can only offer Ibrahimovic €1.2 million a year, according to Sports Illustrated (h/t Marca)
L.A. Galaxy announced on Friday they had signed the striker after Manchester United had terminated his contract early.
Club president Chris Klein explained why they had invested in the 36-year-old, telling the club's official website: "In addition to our rich history, we continue to invest in building a future that will see us continue to reach new achievements. We aggressively pursued Zlatan and are extremely pleased to add him to our team."
Ibrahimovic was earning £220,000 per week at Manchester United, making him one of the highest-paid players in the Premier League, according to Mick Gadd at the Mirror.
However, the Swede managed just seven outings in all competitions for the Red Devils this season, as he struggled to make his way back into the team after a severe knee injury. Newsweek's Dan Cancian said Manchester United were right to get him off the wage bill:
Ibrahimovic will now try his luck in the U.S., and his presence in the Galaxy team will help boost the club's profile around the world. While he may have seen his salary cut, he may still receive income from sponsors, according to writer Ben Spratt:
The striker's arrival should boost the club's shirt sales, as he was in the top 10 of best selling shirts in the Premier League, according to sales recorded by Sports Direct (via Charlotte Duncker at the Manchester Evening News).
Simon Peach at the Press Association showed how the L.A. Galaxy were already selling Ibrahimovic merchandise:
Ibrahimovic's arrival at the Galaxy should help bring in the crowds, and although he may well have had to take a pay cut, he's a charismatic character who is unlikely to be short of offers to top up his salary.