More wins means more money for teams still in contention at Women’s World Cup

By: The Canadian Press Posted: 2:47 PM CDT Monday, Jun. 22, 2015 Last Modified: 11:45 AM CDT Wednesday, Jun. 24, 2015

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VANCOUVER - Moving deeper into the Women's World Cup means more prize money for Canada.

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VANCOUVER - Moving deeper into the Women's World Cup means more prize money for Canada.

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This article was published 22/06/2015 (4120 days ago), so information in it may no longer be current.

VANCOUVER – Moving deeper into the Women’s World Cup means more prize money for Canada.

In qualifying for the quarter-finals with a 1-0 win over Switzerland on Sunday, the Canadians assured themselves at least US$725,000. The Swiss, as one of the teams placing ninth to 16th, go home with $500,000.

The eight teams that failed to advance out of the group stage left with $375,000 apiece. Teams five through eight make $725,000.

Team Canada celebrates its 1-0 win over Switzerland following the second half of FIFA Women's World Cup round of 16 soccer action in Vancouver, B.C., on June 21, 2015. Moving deeper into the Women's World Cup means more prize money for Canada.In qualifying for the quarter-finals with a 1-0 win over Switzerland on Sunday, the Canadians assured themselves at least US$725,000. The Swiss, as one of the teams placing ninth to 16th, go home with $500,000. THE CANADIAN PRESS/Jonathan Hayward

The World Cup winner collects $2 million with $1.3 million going to the runner-up. The fourth-place team makes $800,000 while the third-place country earns $1 million.

The winner of the 2011 tournament made $1.075 million while victory was worth $1 million in 2007.

At $15 million, the prize money for this tournament was almost doubled by FIFA from the $7.6 million up for grabs four years ago in Germany.

The prize money, however, pales in comparison to that of the men’s World Cup

Germany earned $35 million for winning Brazil 2014. Total prize money for that men’s event was $476 million.

FIFA secretary general Jerome Valcke noted that the men’s tournament, which made $4.5 billion in 2014, finances all of FIFA’s 20 world tournaments. And that the women’s event was a relatively new one — starting in 1991 — compared to the men’s championship, which began in 1930.

The Canadian Soccer Association has declined to detail its payment agreement with the women’s team.