CNN —Fans turned out in their droves to watch Lionel Messi’s official unveiling as an Inter Miami player. When Pizarro signed for Inter, he filled one of the club’s three ‘Designated Player’ spots. The rule is also known as the ‘Beckham Rule’ after David Beckham – now Inter’s co-owner – became the first designated player when he joined LA Galaxy in 2007. So, with Messi signing a contract reportedly worth between $50 to $60 million per year, the 35-year-old Argentine fills one of Inter’s designated player spots. Either Inter can look to move one of their designated players on or they can “buy down” a player’s contract.

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