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Front Office Sports - The Memo

Morning Edition

July 20, 2026

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The World Cup final became much more than a soccer match. It featured a star-packed halftime show, sky-high ticket prices, Donald Trump on the trophy stage, and an extra-time win by Spain.

—Margaret Fleming

First Up

  • ESPN, Fox, Netflix, and others are already lining up for the billion-dollar rights to the 2030 World Cup. Read the story.
  • Spain outlasted Lionel Messi and Argentina in extra time to claim its second World Cup crown. Read the story. 
  • Ryan Fox became golf’s latest unlikely major champion, winning the Open Championship at Royal Birkdale. Read the story.
  • U.S. President Donald Trump’s visit caused long security lines at the World Cup final. Read the story.

FIFA Caps World Cup With Glitzy, Star-Powered Final

Hannah Mckay-Reuters

EAST RUTHERFORD, N.J. — FIFA wanted a big finish, and it got one.

Soccer’s global governing body created a massive spectacle for its World Cup final. FIFA staged an extensive pre-match closing ceremony, a star-studded halftime show, and a glitzy post-match presentation featuring U.S. President Donald Trump crashing the trophy lift. On the pitch, Spain defeated Argentina 1–0 in an extra-time thriller.

The July 19 match marked the end of FIFA’s biggest World Cup ever. The tournament featured 48 teams in 104 matches across 16 host cities, and distributed $655 million in prize money, 50% more than in 2022. FIFA predicted it would make $11 billion in revenue, but that number will be closer to $15 billion, according to The Guardian.

FIFA placed the final at outdoor MetLife Stadium, betting on good weather in the cultural capital of the U.S. Despite a recent heat wave, poor air quality from wildfire smoke, and flooding in New York and New Jersey, FIFA got an 80-degree afternoon with a moderate air quality reading.

Trump’s first World Cup appearance created long security lines at the media entrance as TSA and Secret Service agents ran screenings.

While some fans told Front Office Sports it didn’t take long to enter the stadium, the line for media, volunteers, and performers was monstrous. Lines formed early in the morning and took some over three hours to complete. To make matters worse, some photographers received error messages trying to scan in and were sent to another line to seek help.

FIFA’s Big Show

FIFA peppered the tournament with musical performances, and saved its most elaborate show for last. The pre-match opening ceremony included Post Malone and IShowSpeed, Jennifer Hudson singing “The Star-Spangled Banner,” and Tom Cruise and Chris Martin giving speeches.

FIFA’s first World Cup final halftime show was brightly colored and jam-packed with talent. Madonna, BTS, Justin Bieber, Shakira, and Burna Boy performed, broken up by appearances from the Muppets and “Ted Lasso” stars Jason Sudeikis and Brendan Hunt.

Dancers held up flags, globes, and banners spelling out L–O–V–E, with the “O” as planet Earth. The surface-level multiculturalism above a tarp resembling a summer camp tie-dye T-shirt lasted about 12 minutes. The entire halftime took over 27 minutes, surpassing the 15-minute limit dictated by international soccer rules.

After Lamine Yamal, Rodri, and Ferran Torres ended Messi and Argentina’s World Cup run, a giant golden World Cup trophy appeared behind a purple-and-gold stage. FIFA president Gianni Infantino, the leaders of all three host nations, Spanish King Felipe VI, and other figureheads shook hands with players. Trump put medals on both Messi and Yamal.

As he did when Chelsea won the Club World Cup last summer, Infantino tried to get Trump out of the trophy lift photo-op, even briskly crossing the stage to motion to Trump to move away. The U.S. president ignored his friend’s gestures until after the moment Spain lifted the trophy, then turned his back to the cameras, gave Infantino a side-hug, and walked off as gold confetti fell.

James Lang-Imagn Images

‘Invest For Memories’

At $11,327, the World Cup final had the most expensive average ticket price for any sporting event in the U.S., topping the 2024 Super Bowl, according to TickPick.

The average get-in price on secondary markets hit around $10,000 on Saturday afternoon, before falling to around $7,500 before the match on Sunday, according to resale tracking site TicketData.

Two Spanish fans told FOS they each got $6,000 tickets through the Royal Spanish Football Federation. An Argentine fan told FOS he spent $8,000 each for himself and his 3-year-old son.

“For me it’s like, invest for memories,” said Gustavo, who now lives in Tennessee. “Because I remember my dad when I was a kid going with him to watch games.”

In the end, it was another youngster—Yamal’s younger brother, Keyne—whose team emerged victorious. The expressive toddler who went viral throughout the tournament gave his signature big scream when his older brother got his medal. He ran across the field to touch the giant trophy statue and threw a piece of the net at his older brother, who scooped him into a big hug.

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ONE BIG FIG

Costly Mistake

Andrew Boyers-Reuters

$279,887

That’s how much prize money Bryson DeChambeau’s two-stroke penalty at the Open Championship ultimately cost the LIV Golf star. DeChambeau finished tied for 14th at Royal Birkdale with a score of -4, six strokes behind winner Ryan Fox. 

He earned $234,325 for that result, but would have received $514,212 had he not been penalized for inadvertently improving the area of his intended swing during the second round and instead finished in a four-way tie for sixth place at -6. The fallout from DeChambeau protesting the penalty on Friday night led to some strong opinions from players like Rory McIlroy and others, who were not impressed with the situation. Read the story.

DAILY SPORTS TRIVIA

Can you rank the top five NFL QBs by the most career wins as a starter?

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STATUS REPORT

One Up, Three Down

Brad Penner-Imagn Images

Shohei Ohtani ⬇ The Dodgers have postponed Ohtani’s next pitching start indefinitely as the two-way star continues to deal with discomfort in his left knee. Manager Dave Roberts said the team still expects Ohtani to pitch again this season but acknowledged that it could be “some time” before he’s back on the mound.

Saquon Barkley ⬇ The Eagles running back and his family were unharmed after an attempted burglary at their home Saturday. Authorities are investigating whether it is connected to the organized theft rings that have targeted several prominent professional athletes.

Thunder ⬆ Oklahoma City reportedly traded Luguentz Dort to the Hawks as part of a three-team deal with the Mavericks. The move brings the defending champs three more second-round picks (they now have seven total), creates a $17 million trade exception, and helps the Thunder get below the NBA’s second apron.

Sandy Brondello ⬇ The Toronto Tempo coach was suspended one game without pay after comments directed at Atlanta Dream star Angel Reese. Brondello later apologized, saying she intended to criticize the officiating but acknowledged her words “carried an impact beyond what I intended, particularly for Black women in our league.”

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Editors’ Picks

Bull to Bullfighter: How Spain Built a World Cup Powerhouse

by Mike Jakeman
The country’s transformation to national juggernaut is unprecedented.

How This World Cup Will—and Won’t—Change Sports

by Dennis Young
The tournament will be remembered for hydration breaks, ticketing, and ref tech.

MLS Commish: ‘We’ve Got a Lot of Boats’ on Soccer’s Rising Tide

by Eric Fisher
The league eyes significant growth in the wake of a massive World Cup.

Question of the Day

Did you watch the World Cup final between Spain and Argentina?

 YES   NO 

Friday’s result: 65% of respondents think MLS viewership will rise because of the World Cup.

DISCLAIMER

A note from State Street Investment Management:

*Source: Bloomberg L.P., as of June 30, 2026. 

Before investing, consider the funds’ investment objectives, risks, charges, and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 or visit statestreet.com/im. Read it carefully. 

Investing involves risk. ALPS Distributors, Inc. (fund distributor); State Street Global Advisors Funds Distributors, LLC (marketing agent). 8997585.1.1.AM.RTL 

Events Video Games Shop
Written by Margaret Fleming
Edited by Matthew Tabeek

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