Posted: Thu December 5, 2013 12:34PM; Updated: Thu December 5, 2013 12:34PM

World Cup winner to receive $35 million in prize money

Decrease font Decrease font
Enlarge font Enlarge font
Spain 2010 World Cup
Whichever nation follows Spain's 2010 World Cup triumph with a world championship in Brazil will be awarded $35 million in prize money, FIFA announced.
Kyodo/AP

COSTA DO SAUIPE, Brazil (AP) - FIFA will give the 2014 World Cup winner $35 million in prize money, and all 32 competing nations will get at least $8 million.

The figures were agreed Thursday by FIFA's executive committee as part of a $576 million fund. It includes payments to clubs worldwide and an insurance policy to cover injured players' salaries.

At the 2010 World Cup, champion Spain earned $30 million from a $348 million teams' prize money pot.

FIFA pays the money to the 32 national federations, which will each get an additional $1.5 million to prepare for the June 12-July 13 tournament in Brazil.

The German federation has promised all 23 players a 300,000 euros ($407,000) bonus for winning the title.

Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

SI Videos
Videos from the Web
 
SI.com
Hot Topics: Boston Marathon NBA Playoffs NHL Playoffs LaMarcus Aldridge Dwyane Wade Carlos Gomez
TM & © 2014 Time Inc. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Read our privacy guidelines and ad choices.
SI CoverRead All ArticlesBuy Cover Reprint