The US men's and women's national soccer teams will receive equal pay under new contracts that feature an unprecedented split of World Cup prize money, the US Soccer Federation announced Wednesday
Washington, United States: The US men's and women's national soccer teams will receive equal pay under new contracts that feature an unprecedented split of World Cup prize money, the US Soccer Federation announced Wednesday.
"This is a truly historic moment," US Soccer president Cindy Parlow Cone said. "These agreements have changed the game forever here in the United States and have the potential to change the game around the world."
The landmark collective bargaining agreements (CBAs) reached between the federation and its senior national teams will see US Soccer distribute millions of dollars more to its top players through increased match pay and sharing of revenues from ticket sales as well as sponsorship and broadcast deals.
But the revolutionary feature is the stipulation that players from both teams pool and share the otherwise unequal prize money paid by global governing body FIFA for participation in their respective World Cups.