Sir Paul McCartney has received a pound for his signing of “Hey Jude” at the opening ceremony of the 2012 London Olympic Games last Friday.

The organizing committee for the summer games said it paid only one pound each to British performers at the ceremony, such McCartney, Mike Oldfield and Dizzee Rascal.

The committee explained that the payment was made to make the Olympic contracts binding, but the stars essentially donated their time.