Conmebol announced that there will be a new economic system for the Cups of the Continent, know the Copa Libertadores 2023 prize money
Including more awards in general, and there will also be a new way to recognise sports talent.
Conmebol started the year off well by telling its affiliates, the Continental Cups, Releasing Meatball and Conmebol Sudamericana, that the prizes will go up in 2023. Good news gives teams a reason to try to win the games.
The Conmebol made the official announcement on their social networks and website, but Alejandro Domnguéz was the one who shared this news on their social networks. Around USD 301,000,000 will be given out in Conmebol club tournaments in 2023.
CONMEBOL Copa Libertadores 2023 men and women’s winner and runner up prize money
Dominguéz calls this a “historical figure for sports in South America.” This increase in prizes won’t be free, though. The clubs will have to earn it on the field of play, with a new system of giving prizes based on “sports merit.”
As Conmebol explained, in order to reward good sportsmanship and make the games more competitive, each team that wins a game in the group stage of the Copa Libertadores will get an extra $300,000 and each team that wins a game in the group stage of the South American Cup will get an extra $100.
A million dollars has also been approved for each Member Association. This is to help support and improve local tournaments and give that money to their winning teams.
How much the Cups will cost in 2023?
Under the slogan “reinvesting in football what football generates,” Conmebol has decided to give a lot more money to the clubs and players who qualify for the Copa Libertadores and Copa Sudamericana.
In all of their club tournaments, they will share out a total of USD 301,000,000, which is 23% more than in the 2022 season. The Conmebol Libertadores will give out up to USD 207,800,000. This is $37,800,000 more than in 2022, or a 21% increase.
The South American Conmebol will give away up to US$77,800,000, which is US$17,840,000 more than in 2022 and a 30% increase from the last time.
Third best paying tournament in the world
Now that the prize money has gone up, the Copa Libertadores is the third best-paying tournament in the world. By winning this competition, the champion club also gets the money for the Recopa (which will give the winner and the runner-up a total of USD 2,700,000, an increase of 2.4% from the last edition), the FIFA Club World Cup, and automatic qualification to the group stage of the next year’s competition.
The women’s Copa Libertadores will also get more money. Conmebol says that Female Liberators has the biggest increase in percentage. In 2023, the winner of this competition will get a bag with $3,350,000 in it. This is a 68% increase from 2022.
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