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Paul McCartney paid 1 pound ($1.57)

Updated: July 30, 2012, 2:28 PM ET
Associated Press

LONDON -- Don't spend it all in one place, Paul.

London Olympic organizers say former Beatle Paul McCartney and other star performers who took part in Friday's opening ceremony essentially donated their time -- receiving a mere pound ($1.57) -- for their performances.

The nominal fee was offered to make the Olympics contracts binding -- but pales in comparison to the millions big names like McCartney can command for a stadium gig.

Other performers such as Mike Oldfield, Dizzee ...

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