When Qatar hosts the FIFA World Cup in 2022, there will be a lot of money at stake. Success on the field has real advantages, even though most teams will be focused on winning the coveted trophy and doing their countries proud.
FIFA hasn't held back in previous years when it comes to World Cup prize money, and 2022 is no exception — there are record-breaking sums up for grabs.
Here, ClevPicks lays out the prize money available in Qatar and the potential winnings for each side.
You can check out more information of World Cup FIFA 2022, football games, players, teams and news on ClevPicks: Reliable football betting prediction using artificial intelligence.
Prize Money for the 2022 World Cup as a Whole
For smaller countries, the prize money may be very helpful in enhancing their infrastructure and development routes at home.
For the 2022 World Cup in Qatar, $440 million has been set aside by FIFA as prize money.
This is an increase of $40 million over the 2018 competition, whereas the prize pool for the Brazil 2014 World Cup was just $358 million.
FIFA's revenue budget for 2022 is $4.6 billion, a considerable figure, with broadcasting rights expected to generate $2.6 billion of that total.
How Much Cash will be Awarded to the 2022 World Cup Champions?
The Qatar World Cup champions will receive a record $42 million in prize money, FIFA said in April 2022.
The prize money for winners has increased by $4 million since 2018 and has been on an upward trend for the previous 40 years.
Before 2006, World Cup victors were never paid more than $10 million, with Italy's victory in 1982 earning them an estimated $2.2 million.
National teams made a strong push for FIFA to enhance prize money in 2002, and increased World Cup income has subsequently ensured that winning teams have received such payouts.
How Much will Each Team Earn in the World Cup in 2022?
With such a large prize pool, each team will leave Qatar much richer.
Each side will get a $1.5 million participation fee only for qualifying for the 2022 World Cup. However, after arriving at the competition, teams may earn significantly more money by making it to the knockout rounds.
Teams who advance to the semifinals in Qatar will collect more money than the 2006 World Cup winners did, according to the prize money distribution disclosed by FIFA.
How Much Money do World Cup Athletes Make?
Players gain financially by competing at a World Cup because they are the foundation of any successful squad.
Although base pay vary amongst national teams and for individual players, they do receive a portion of any winnings for their team.
Germany pledged to offer each of its players a bonus of over $400,000 if they won the World Cup on home soil in 2006, and FIFA permits each team to select how much of the prize money it will award to players.
According to reports, Australia will pay each of its athletes AU$226,000 in 2022, with a further $290,000 to be paid if they advance to the knockout rounds.
Depending on each federation's financial status, other countries could offer their players a little more or a little less than this sum.
World Cup 2022 Prize Money Differ From the Women's World Cup in 2023
At the 2023 Women's World Cup in Australia and New Zealand, $60 million in total prize money will be awarded. This was previously declared by FIFA.
It is double the anticipated $30m that was given to women's teams in the 2019 competition, even if it is more than seven times less than what will be awarded at Qatar 2022.
The $15 million that FIFA reportedly gave to the 2015 Women's World Cup in Canada was doubled by that World Cup proposal.
The prize money for the 2023 Women's World Cup may be increased by another $100 million, according to a July report from The ABC.
The American men's and women's teams decided to split the total prize money they each received at the 2022 and 2023 World Cups in May.
- Indeed, this is a momentous occasion. These accords have the potential to revolutionize the game globally and have completely changed it here in the United States At the time, US Soccer president Cindy Parlow Cone made a statement.
- With these new agreements, US Soccer, the USWNT, and the USMNT players have reset their relationship, and we are now moving into an incredibly exciting new phase of growth and cooperation as we pursue our goal of becoming the leading sport in the United States.