U.S. Soccer Faces Reduced Financial Gains from Hosting Copa America 2024
Unlike 2016, the 2024 Copa America offers a smaller financial benefit to U.S. Soccer due to changes in international soccer politics and revenue-sharing agreements.
- U.S. Soccer is projected to earn between $20-25 million from hosting the 2024 Copa America, significantly less than the $75 million from the 2016 tournament.
- The 2024 tournament is a joint venture between CONMEBOL and Concacaf, with most proceeds split between the two confederations.
- U.S. Soccer will have no role in running the tournament, unlike in 2016 when it assumed financial risks and reaped higher rewards.
- The Copa America will help raise the U.S. men's national team's profile ahead of the 2026 World Cup, which the U.S. will co-host with Canada and Mexico.
- U.S. Soccer's reduced influence at the Concacaf and FIFA levels, along with leadership turnover, has impacted its ability to secure better financial terms.