Paris Saint-Germain soccer club insists Neymar deal will make both dollars and sense – Los Angeles Times

Here are a few things worth $613 million:

When French club Paris Saint-Germain agreed last week to pay a $263-million transfer fee for Barcelona’s Neymar da Silva Santos Jr. — known to soccer fans as Neymar and now to bankers as “sir” — it seemed to strain the bounds of economics, logic and common sense. Yet that price, more than double the previous record for a transfer, was simply a down payment to get Neymar out of the final four years of a deal with his Spanish team.

PSG had to spend an additional $350 million in salary and bonuses, according to Forbes, to sign Neymar to a five-year contract that will make him the highest-paid player ever in a team sport. Add it up, and PSG spent well over half a billion dollars on a striker who never led his previous team in scoring.