Football governing body FIFA has officially announced the prize money for 2017 FIFA Confederations Cup where a total of USD$20 million will be distributed among the 8 participating national teams. the total prize money pool is same like 2013 confederations cup in Brazil which had 15% increase compared to 2009 edition which took place in South Africa. The winners of 2017 tournament will pocket $4.1 million while runnersup will earn $3.6 million. Below is the entire breakdown of Confederations Cup prize money.
FIFA Confederations Cup 2017 Prize Money Distribution: So a total of $20 million will be distributed among eight teams where $1.5 million will be guaranteed for every team regardless of results. Fourth place team will pocket $2.5 million. Third place playoff winner will earn $3 million followed by $3.6 million for runners-up and last but not the least $4.1 million for the Champions of 2017 tournament.
|Knocked out teams from Group Stages (5th to 8th)||$1.7 million|
|Fourth placed||$2.5 million|
|Third placed||$3 million|
Confederations Cup money is derived from the revenue generated during the traditional FIFA 4 year cycle which include 1 world cup. During the last cycle FIFA generated record $4.8 billion in revenue from 2011 to 2014. Half of which comes from TV rights deal $2.5 billion another 30% from marketing rights and the rest from Ticketing, hospitality and licensing. From the total revenue almost half is used up by costs which include prize money awarded in FIFA World Cups and small percentage is kept for tournaments such as Confederations Cup.
FIFA also announced another 22% increase in the total prize money pool set to be distributed in 2018 FIFA World Cup. World Cup is the flagship tournament for FIFA which amounts to around 85% of the revenue generated in every four year cycle. FIFA will officially announced the 22% increase for World Cup 2018 prize money later in 2017 where winners of 2018 tournament can take home as much as %50 million.