- FIFA World Cup 2022 prize money is more than that of previous tournaments
- FIFA had a $4.6 billion budget for the event
- Of this, $2.6 is coming from selling streaming rights to various media platforms
As the December 18 draws closer, the biggest question how much is FIFA World Cup 2022 prize money?
It a both interesting and logical to ask this as the curtains come falling on Argentina and France. Kylian Mbappe and his squad will be looking at defending their title once more after beating Croatia in 2018 to lift it.
They will face off with Argentina led by Lionel Messi – interesting match because Mbappe and Messi play together at PSG. France booked a spot at the finals after thrashing Morocco 2-0.
So, what’s FIFA World Cup 2022 prize money?
HOW MUCH WILL FIFA WORLD CUP 2022 WINNERS GET IN PRIZE MONEY?
FIFA world Cup orize Money. Photo by The Economic Report
The winning team will get $42 million while the runners-up will get $30 million. FIFA allocated $440 million for all the 32 competing teams at the Qatar 2022 FIFA World Cup.
The rewards for the winner and runners-up totals $72 million, and they are the largest ever. Further, each team will reportedly get a prize of at least $9 million, with the total increasing after each round.
Here is a quick breakdown.
- Winners: $42 million
- Runners-up: $30 million
- Third place: $27 million
- Fourth place: $25 million
- Fifth-eighth place: $68 million ($17 million per team)
- Ninth-16th place: $104 million ($13 million per team)
- 17th-32nd place: $144 million ($9 million per team)
HOW MUCH WILL WORLD CUP TEAMS IN QATAR EARN?
FIFA World Cup 2022 prize money is elaborate with a plausible trickle-down effect. A cash prize of $13 million will be awarded to each team in the Round of 16.
In the quarterfinals, each team will receive $17 million in prize money. The third-place team will receive $27 million, the fourth-place squad will receive $25 million.
Of course, the prize money is given out in addition to the players’ pay. The France phenom, Mbappe, who will compete in his second World Cup final on Sunday, earned $22,300 per game in 2018.
He also got a $350,000 prize for winning the competition.
HOW MUCH WILL TEAMS WHO QUALIFIED IN GROUP STAGES WIN IN PRIZE MONEY?
FIFA World Cup 2022 prize money will also move down to teams in the group stages. For making it to the quarterfinals, Brazil, the Netherlands, Portugal, and England will get $17 million each.
For making it to the round of 16, eight teams will get $13 million each. These team include the following.
- US
- Senegal
- Australia
- Poland
- Spain
- Japan
- Switzerland
- South Korea
Further, the following teams will get $9 million each for participating in the group stages.
- Qatar
- Wales
- Ecuador
- Saudi Arabia
- Uruguay
- Iran
- Denmark
- Mexico
- Tunisia
- Germany
- Canada
- Belgium
- Ghana
- Cameroon
- Costa Rica
FIFA WORLD CUP 2022 PRIZE MONEY GOOD?
The cash award is very helpful for smaller countries. The money will help them in building their home countries’ infrastructure and development routes in preparation for future tournaments.
FIFA hasn’t held back in previous years when it comes to prize money at World Cups, and 2022 is no exception. It came up with record-breaking sums up for grabs.
The $42 million in cash prize for the champions will be awarded to the Qatar World Cup victors. The prize money for the winners has increased by $4 million since 2018 and has been on an upward trend for the past 40 years.
World Cup victors were never paid more than $10 million before 2006, with Italy earning an estimated $2.2 million for their 1982 title.
WHAT HAS CHANGED WITH FIFA WORLD CUP PRIZE MONEY?
For the Qatar 2022 World Cup, FIFA World Cup 2022 prize money sits at $440 million. While only $358 million in prize money was available for the Brazil 2014 World Cup, this is an increase of $40 million from the 2018 competition.
Qatar World Cup 2022. Photo by Bloomberg
FIFA’s revenue budget for 2022 was $4.6 billion, a considerable figure, and $2.6 billion of that is expected to come from TV rights alone.
Every team will leave Qatar much richer because to the size of the prize pool. Each side must pay a $1.5 million entry fee only to qualify for the 2022 World Cup. But once a team is in the event, making it through the knockout rounds might earn them much more money.
According to FIFA’s prize money breakdown, teams that make it to the semifinals in Qatar will collect more money than the 2006 World Cup winners did.
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