How much money will Copa America 2024 winner take home?

FE Team | Published: July 14, 2024 22:03:58

The Copa America 2024 is already in its final stage and today (Monday, as per BST), it will be the day of the grand final between Argentina and Colombia.
Beyond the pride of winning the oldest national team tournament in the world, and becoming the best team on an entire continent, the champion of the 2024 Copa America will also take home a healthy amount of money, report agencies.
Argentina is coming off a 2-0 win over Canada in a match dominated by the reigning Copa America champions. For its part, Colombia reached the final by beating Uruguay 1-0 in a vibrant match.
The South American Football Confederation (Conmebol) will pay out a total of $72 million dollars to the 16 teams that will be going for the title in the tournament.
CONMEBOL distributes US $2 million to each team, just for the simple fact of competing in the oldest national team tournament in the world. As they advance from the round the economic prize will be even greater.
The losers of that round will play a match for third place; the winner of that game will go home with $5 million to the loser's $4 million.
How much prize money will the Copa America 2024 winner receive?
The tournament will distribute a record $72 million in entry fees and prizes to teams, with the champion receiving $16 million in the same currency. A much higher figure compared to what Argentina received in 2021, which took home 6.5 million dollars.
How is the prize money distributed by stage?
Just for participating, each of the 16 entrants will receive a $2 million fee, with the remaining $40 million qualifying as prizes. Teams that advance only to the quarterfinals will receive $2 million.
The fourth-place team will receive $4 million, the third-place team will pocket $5, while the losing finalist will receive $7. The tournament will also cover the costs of hotels, airfare and ground transportation for the teams.
How much money will players and coaching staff receive?
With reference to the distribution of money among the players and coaching staff of each team, their earnings will depend on the progress that each country has had in the Copa America 2024. The exact amount or percentage of that profit is usually determined by prior agreements between the Football Federations of each country, coaching staff and the players, prior to the start of the tournament.