The United States' team celebrates with the trophy after winning the 2019 Women's World Cup final soccer match against the Netherlands at the Stade de Lyon in Decines, outside Lyon, France. (AP Photo/Alessandra Tarantino, File)
By Anne M. Peterson
FIFA President Gianni Infantino could make no guarantee Wednesday that the member federations will distribute the $30,000 payments promised to every player at the Women's World Cup.
He said at a news conference ahead of the tournament opener that he's engaging with member federations on the issue. The payments are made the national federations, which are expected to pay the players.
But there is no mechanism to directly pay the players the money, which could be life-changing for some.
“We are moving of course in the right direction, we have been consulting with associations, with players, to try to go in the right path,” Infantino said. “We have issued these recommendations, but we have an association of associations. So whatever payments we do, we will go through the associations and then the associations will, of course, make the relevant payments to their own players. We are in touch with all the associations.”
Infantino said there are complications including residency and taxation that are best handled by federations.
The payment is significant for many players: the average annual salary worldwide for women who play professionally is $14,000.
FIFA’s agreement means that half of the total World Cup prize money fund of $110 million will be paid to the players in the 32 teams. The prize pool is more than three times the $30 million prize fund FIFA paid out at the 2019 Women’s World Cup in France.
The global players’ union, known as FIFPRO, helped push FIFA to dedicate a percentage of the prize money to the players themselves. The union sent a letter to FIFA in October on behalf of players from 25 national teams calling for more equitable conditions and prize money.
However, the prize money fund is still far below the $440 million paid to the men who played in the World Cup last year in Qatar. Infantino said the goal is to equalize the prize money by the 2026 men's World Cup and the 2027 women's edition.
Infantino said the Women's World Cup is expected to generate a half-billion dollars in revenue and the organization will break even. For the first time, the commercial rights for the Women's World Cup were sold separately from the men's tournament.
The tournament opens Thursday with both co-hosts involved. New Zealand will play Norway in Auckland, and Australia will take on Ireland in Sydney.
New York quickly became the sports betting capital in the United States following an electric debut earlier this month. Cheddar News was joined by Chad Kornett, VP of Government Relations for Gaming at Geocomply to dive into the numbers.
Exercise equipment maker Peloton is attempting to run away from a recent bout of controversy. CEO John Foley published an open letter to employees on Thursday after reports that said Peloton was pausing production of its Bike and Tread products, delaying the opening of a new U.S. factory, and considering job cuts. In the letter, Foley wrote that the information in the reports was 'incomplete,' 'out of context,' and not reflective of Peloton's strategy. Peloton's stock responded on Friday, with shares bouncing back after falling nearly 24% in the regular session on Thursday. CFRA Research's Director of Research Ken Leon joined Cheddar News' Closing Bell to discuss.
The NCAA has updated its policy on transgender athletes, allowing each sport’s national governing body to make its own decisions for transgender participation. The new rule is in line with recent changes from the U.S. and International Olympic and Paralympic Committees. Joanna Hoffman, communications director of Athlete Ally, joined Cheddar News to discuss the potential impact of the new rule on the transgender community.
The NCAA voted to streamline their constitution at their annual convention on Thursday. Each of the three college divisions can decide how student-athletes can make money from outside sources but still restricts schools from directly paying its players.
With New York recently announcing the legalization of sports betting, even a greater number of bettors are looking forward to the NFL's divisional round. Derek Carty, a fantasy sports and sports betting analyst, talked to Cheddar about betting strategies for the four upcoming playoff games. "I feel like the Chiefs are a little bit overrated by the markets, and so the Bills here really look good to me," Carty said for the Kansas City and Buffalo matchup. He also pointed to the Green Bay Packers to be the likeliest team to win the Super Bowl this year.
Olivia Harlan Dekker and Sean Green break down and provide their top picks for the NFL Divisional Round this weekend, while Frank Schwab dissects NBA futures and gives his take on the ongoing Nets drama.
Sean Green, co-founder of The Sports Gambling Podcast Network, joins Cheddar Bets to break down the best plays across the AFC Divisional Round matchups.
Sponsored by BetMGM
Frank Schwab, sports betting writer for Yahoo! Sports, joins Cheddar Bets to find the best value down the MVP contender list and make sense of how to bet the Nets at home and on the road.
Sponsored by BetMGM
The drama surrounding tennis star Novak Djokovic continues after he was deported from Australia over the weekend due to the nation's COVID-19 vaccine requirements. Djokovic was forced to leave the country on the eve of what was to be his first match in defense of his Australian Open title after three judges ruled in favor of his removal and revealed their reasoning for doing so. Adding to his woes, a law recently passed in France is putting his chances of defending his French Open title in jeopardy. The director of Marist's Center for Sports Communication, Jane McManus, joined Cheddar to discuss the ongoing fallout.
