Frank Christian
The quest for the title of the top team in the Americas will be the highlight at Copa America 2024, with substantial financial rewards at stake for all participating teams.
The tournament’s grand finale is scheduled for July 14 at the Hard Rock Stadium in Miami, marking the culmination of the three-week event.
While only two teams will compete in the final match, prominent teams like Argentina and Brazil are aiming to leave their mark once again. Even teams exiting early from the tournament will secure substantial monetary rewards.
Each team involved will share in a generous prize pool for the tournament, with the amount increasing as they progress through the stages. Here, The Sporting News provides a breakdown of the prize money for the competition.
Reward for Copa America 2024 Champions
While the exact prize pool remains undisclosed, it is reported that the champions of Copa America 2024 will receive a record-breaking $16 million, as stated by ESPN.
This sum significantly exceeds the prize awarded to the previous champion, Argentina in 2021, who received around $6.5 million along with the trophy.
The total prize money for 2024 amounts to $72 million for the 16 competing teams. Each team will initially receive $2 million for tournament participation, with further increments based on their progress.
Teams progressing beyond the group stage will earn an additional $2 million. The fourth-place team will secure $4 million, the third-place team will get $5 million, and the runners-up will take home $7 million.
Interestingly, the runner-up of the 2024 event will earn more in prize money than the 2021 champions.
Breakdown of Copa America Prize Money
| Final Position | USD |
|---|---|
| Group Stage | $2 million |
| Quarterfinals | + $2 million |
| Fourth Place | + $4 million |
| Third Place | + $5 million |
| Runner-up | + $7 million |
| Winner | + $16 million |
