• Loading stock data...
Friday, July 26, 2024
Join us this September for Tuned In Request to Attend

U.S. and Mexico’s WWC Goal: $3B Revenue, Attendance Records

  • Bid for FIFA event seeks dramatic new milestone in women's sports.
  • Proposal advances growing trend of shared bids for major soccer tournaments.
Sweden knocks out the US and TV ratings.
Credit: Jenna Watson-USA TODAY Sports

The U.S. and Mexico have made a formal joint-bid to host the 2027 FIFA Women’s World Cup – and if they win that bid, they intend to set a new economic precedent in women’s sports.

The two countries’ soccer federations, as expected, submitted their bid, but with the eye-popping goals of generating $3 billion in revenue from the event and drawing a total attendance of 4.5 million, according to The Wall Street Journal. That revenue projection is more than five times the $570 million yielded from the 2023 Women’s World Cup in Australia and New Zealand, and more than twice the 2023 tournament’s attendance of 1.98 million.

“The time is right to host a FIFA Women’s World Cup that features a truly world-class experience for players and fans alike,” said Cindy Parlow Cone, U.S. Soccer president. “This will not only unlock the economic potential of women’s soccer, it will send a message to young players around the world that there is no limit to what they can achieve.”

The two federations did not detail how they intend to create that $3 billion in revenue, but there are growing reasons for the bullishness in the fiscal projections. There is arguably no sector of the sports industry rising faster than women’s sports, with the WNBA, NWSL, and PWHL all reaching new milestones of revenue, attendance, and prominence this year, following on the success of the 2023 WWC. 

Global professional services firm Deloitte also recently projected that 2024 will be the first year in which women’s pro sports surpasses $1 billion in annual revenue.

Shared Burden

The WWC bid also extends a growing trend within soccer in which multiple countries are coming together to bid jointly and share the financial and logistical burdens of hosting major tournaments. One rival bid for the 2027 WWC, for example, comes from a unified Belgium, Germany, and the Netherlands.

The U.S.-Mexico bid additionally seeks to follow on the joint hosting of the 2026 FIFA World Cup in those countries and Canada, and create an unprecedented three-year run of major events in North America, including the 2028 Summer Olympics in Los Angeles.

“The U.S. and Mexico are in a unique position to host a World Cup that will leverage the same venues, infrastructure, and protocols used for the Men’s World Cup just a year prior,” Parlow Cone said.

Brazil is also bidding for the 2027 WWC.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Landmark Settlement Proposal Filed in House v. NCAA Case

The NCAA is one step closer to allowing schools to pay their players.

Is Red Bull’s Dynasty in Danger?

Max Verstappen and Red Bull are no longer in complete control.

What Does NBA-Amazon Deal Mean for League Pass?

League Pass, NBA TV, and NBA.com all face uncertain futures.

Olympics: Peacock Aims to Redeem Past Coverage Flaws With Ambitious Slate

The NBCUniversal streaming service will offer an unprecedented level of Olympic coverage.
podcast thumbnail mobile
Front Office Sports Today

Olympics Open: What Athletes Can Do With 15 Minutes of Fame

0:00

Featured Today

Teahupo'o Tahiti Surfing

Olympic Surfing Crashes on Tahiti Like a Wave

For Teahupo‘o’s locals, the Olympics are a mixed blessing.
July 24, 2024

The Perfect Storm Propelling ‘EA Sports College Football’ to Early Success

Growing fandom and a long wait have already reaped dividends for EA.
July 22, 2024

The FTC Noncompete Ruling Could Change MMA As We Know It

Fighters could see their options—and earnings—grow.
July 21, 2024

O No Canada: The Next Big Sports Betting Scandal Could Erupt North of the Border

‘It’s open-season for match-fixing up there.’

Olympics: Despite Concerns, Star Athletes and Paris Spark Hope

Hope rises for a resurgent event after two pandemic-marred Olympics.
Jul 14, 2024; Miami, FL, USA; fans rush the gates before the Copa America Final match between Argentina and Colombia at Hard Rock Stadium.
July 15, 2024

Copa América Fallout: Greater Logistical Challenges Await 2026 World Cup

Argentina beat Colombia after unticketed fans entered the stadium.
July 24, 2024

Salt Lake City’s Olympic Host Deal Includes Last-Minute Doping Clause

Utah officials are now mandated to uphold the ‘supreme authority’ of the World Anti-Doping Agency.
Sponsored

TopSpin 2K25 Brings the Legends of Tennis to Your Living Room

2K sports is reviving a classic with TopSpin 2K25.
July 7, 2024

Tour de France Forced to Navigate the Paris Olympics, Too

The Olympics are disrupting the route of the iconic cycling race.
June 7, 2024

U.S. Cricket Stuns Goliath Behind Its Star, an Ivy League Software Engineer

Team USA upset Pakistan, one of cricket’s superpowers, in overtime.
Jun 16, 2022; New York, New York, USA; A detail view of The FIFA World Cup Trophy sits on a stand outside of 30 Rockefeller Plaza.
June 5, 2024

Saudi Arabia, Likely World Cup Host, Slammed With Workers’ Rights Abuse Claims

The nation needs to build at least 10 stadiums to host.
May 6, 2024; Paris, FRANCE; A general view of construction of the Eiffel Tower Stadium, the venue for beach volleyball, in preparation for the Paris 2024 Summer Olympic Games.
June 4, 2024

Microsoft Warns of Russian Olympic Disinformation Campaign

Russian actors used an AI-generated Tom Cruise in a fake propaganda film.