U.S. women’s soccer team will pocket at least $6.5m from the men’s team reaching the World Cup knockout rounds—more than they received for winning two successive World Cups – Yahoo Finance

The U.S. women’s national team (USWNT) will have extra reason to cheer on its male counterparts in the final 16 of the 2022 World Cup beyond the usual patriotic duty.
Earlier this year, the U.S. Soccer Federation and the women’s team announced a deal that ended a six-year battle over equal pay.
As part of the deal, U.S. soccer committed to providing an equal rate of pay for both the men’s and women’s national teams – including World Cup bonuses.
The men’s national team is now guaranteed a prize of $13 million after its 1-0 win against Iran on Tuesday secured them a place in the final 16, meaning the USWNT will take a $6.5m cut.
If the men win their match against the Netherlands on Saturday to reach the quarter-finals, they’ll be taking home a minimum of $17 million.
The 2022 tournament’s champions will pocket $42 million – more than what was collectively won by all the teams who participated in the 2019 Women’s World Cup.
The total prize money for the last women’s tournament – which the U.S. won – was $30 million. USWNT received $4 million of that fund for defending their championship title.
For winning the 2015 World Cup, the U.S. women’s team was awarded $2 million – meaning they will earn more from their share of the $13 million prize the men’s squad is guaranteed to win this year than they did from two of their own World Cup wins.
Despite making progress with the agreement, a huge disparity still exists between earnings for female and male soccer players, with World Cup prize funds serving as a prime example of the sport’s glaring gender pay gap.
Even after the women’s prize money was drastically hiked in 2018, the amount up for grabs by teams competing in the 2019 Women’s World Cup was still just 7.5% of the total amount won by their male counterparts at the 2018 competition in Russia.
Winning men's side France took home $38 million when they became 2018 world champions, but they were guaranteed to earn more from the start of the competition than the U.S. Women’s team secured with their own triumph a year later.
Just qualifying for the men’s World Cup in 2018 guaranteed a team $8 million, and in this year’s competition in Qatar, qualifiers already had $9 million of the prize money in the bag.
In 2019, the maximum earnings for a female player in the World Cup were $260,869, according to calculations by The Guardian newspaper – an amount that was completely dwarfed by a male player’s maximum potential World Cup earnings of $1,114,429, depending on where their team places in the event.
With the prize fund for male players increasing in 2022, that disparity will be even bigger now.
The U.S. women’s soccer team has won four World Cups since the tournament’s inception in the 1980s, while the men haven’t gotten to a semifinal since 1930.
After winning the 2019 World Cup, team captain Megan Rapinoe said it was time to move on from questions over whether her team was “worth” funding and pay equivalent to the male team.
“I think we are done with the questions like 'should we have equal pay?'," she said. "Let's get to the next point of 'what's next?'.”
Her comments came after crowds watching the final in France chanted “Equal pay! Equal pay!” as the American team secured its second consecutive World Cup victory.
The next Women’s World Cup, hosted by Australia and New Zealand, will be in 2023.
In 2019, FIFA President Gianni Infantino said he wanted to double the prize money again so that the total fund in the 2023 tournament was worth $60 million – but he also suggested expanding the event to involve 32 teams instead of 24, meaning there will be more sides to divide the money amongst.
A spokesperson for FIFA was not immediately available for comment when contacted by Fortune.
This story was originally featured on Fortune.com
More from Fortune: The American middle class is at the end of an era Sam Bankman-Fried’s crypto empire ‘was run by a gang of kids in the Bahamas’ who all dated each other The 5 most common mistakes lottery winners make Sick with a new Omicron variant? Be prepared for this symptom
The US men's soccer team has advanced to the Round of 16 and will play the Netherlands on Saturday in the FIFA 2022 World Cup. What you need to know.
More Chinese cities eased anti-virus restrictions and police patrolled their streets Thursday as the government tried to defuse public anger over some of the world’s most stringent COVID measures and head off more protests. Following weekend demonstrations at which some crowds made the politically explosive demand that leader Xi Jinping resign, the streets of major cities have been quiet in the face of a crackdown that has been largely out of sight. A newspaper reported Beijing, the capital, has begun allowing some people with the virus to isolate at home, avoiding crowded quarantine centers that have prompted complaints.
Mike McDaniel wanted to downplay it this week, but he and 49ers coach Kyle Shanahan spent 14 years coaching together. That adds to Sunday's intrigue.
Ghana face Uruguay in the Qatar World Cup, bringing back memories of their controversial meeting in the 2010 quarter-finals.
The South American nation and Ghana bow out after their clash in Qatar.
The clash at the tournament in South Africa 12 years ago saw Suarez sent off in the final moments of extra-time, with the score at 1-1.
Report: #Bills, Tre'Davious White restructuring contract:
The Uruguay captain sat in the dugout after being substituted as his team beat Ghana 2-0 on Friday but was still eliminated from the tournament by a stoppage-time goal in another game. A late goal by Hwang Hee-chan secured South Korea a last-gasp 2-1 win over Portugal and a place in the last 16 from Group H at Uruguay's expense because it scored more goals. After the most dramatic end to the group, Portugal advanced as group winner and South Korea clinched second.
The broadcaster said the comments were 'crass' and 'offensive'.
In the 13th match of the 2022 FIFA World Cup in Qatar, the Swiss striker Breel Embolo gently held his hands up after scoring the winning goal against Cameroon. Stopping himself from celebrating was a sign of respect: He had just scored his first-ever World Cup goal against the country where he was born, and where his father still lives.
BlackRock joins a growing number of firms backing the tokenization of securities, despite the CEO’s wider crypto cynicism.
The gains came despite challenges from the weather.
For many, it's a delicacy unlike no other. A rare one that's expensive as a result. The Biden White House even served butter-poached Maine lobster during a State Dinner Thursday evening honoring French President Emmanuel Macron's visit to the U.S. But upscale supermarket chain Whole Foods is refusing to sell any Maine lobster. Why? Citing marine-life hazards and over-harvesting, Whole Foods said it will no longer make Maine lobster available at its roughly 500 stores nationwide "as part of our c
The teaser trailer for their new Netflix docuseries features a snap of the Sussexes dancing during their evening wedding reception at Frogmore House.
The November jobs report out Friday morning will shed light on the health of the U.S. labor market, which is rapidly deteriorating as the Fed raises interest rates.
Amanda Kloots shares 3-year-old son Elvis with late husband Nick Cordero, who died from COVID-19 in 2020
The police chief of Tampa, Florida, has apologized and is asking for a disciplinary review of herself after she flashed her badge to get out of a stop for
Three servicemen of the Russian Federation grabbed a Kalashnikov assault rifle and fled from the Obuz-Lesnovsky training ground in the Baranavichy district of Belarus. Source: Belaruski Hajun, an independent Belarusian military monitoring media outlet, on Telegram Details: Hajun sources report that in the afternoon of 30 November, local residents saw three to four men running away from the training ground.
The Tavares police chief announced Friday that she is recommending that a police officer be terminated following an internal affairs investigation.
November's hotter-than-expected nonfarm payrolls report, which showed the U.S. producing 263,000 new jobs, indicates "that there is more work" for the Federal Reserve to do and that labor-market imbalances "may be increasing rather than decreasing," according to economists at BofA Securities. They said they continue to expect the fed-funds rate target to end up at 5%-5.25% by next March, with "risks to our view tilted to the upside given ongoing labor market momentum." The imbalances they mentio

source