Canada Soccer to collect $1.56M US in prize money for early Women's World Cup exit

While Olympic champion Canada has exited the FIFA Women's World Cup after the group stage, 16 teams are still in contention.

The expanded 32-country tournament already boasts record ticket sales, improved prize money and new faces. A look at five things from the 2023 World Cup in Australia and New Zealand.

Canada's early exit at the tournament will not help Canada Soccer's bottom line as much as it no doubt hoped.

According to FIFA, participating member associations whose teams do not survive the group stage each receive $1.56 million US from the world governing body to "support football development in their countries."

That rises to $1.87 million for reaching the round of 16, $2.18 million for making the quarterfinal, $2.455 million for fourth place, $2.61 million for third, $3.015 million for second and $4.29 million for winning it all.

Player payments come out of that prize money with FIFA suggesting a range of base payments per athlete from $30,000 for those exiting after the group stage to $270,000 per player on the champion team.

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Some federations have their own payment structure in place so the actual player payments will differ. The Canadian women struck an interim labour deal with Canada Soccer during their stay in Australia that covers compensation for both 2023 and the tournament.

Terms of the agreement were not released.

In addition to the prize money, each of the 32 competing teams received some $960,000 in preparation money for use ahead of the tournament.

The FIFA payday goes to Canada Soccer and not Canadian Soccer Business, which handles its marketing and sponsorship.

FIFA notes the $152 million in total compensation at this year's women's tournament, which including the prize money plus preparation payments for the 32 teams and compensation paid to clubs, is three times more than what was on offer four years ago in France and more than 10 times the amount offered at the 2015 tournament in Canada.

But it is still well short of what the men get.

The total prize pool at last year's 32-country tournament in Qatar was $440 million with the teams failing to advance out of the group stage like Canada — those finishing 17th through 32nd — each receiving $9 million.