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Why the economics make this the craziest World Cup ever

Why the economics make this the craziest World Cup ever

Forget everything you thought you knew about how a World Cup is supposed to work, because the 2026 edition is shaping up to be unlike anything we’ve seen before, and the numbers behind it are genuinely staggering.

For the first time, 48 teams will compete across three countries simultaneously: the United States, Canada, and Mexico. That’s 16 more teams than in Qatar, 104 matches instead of 64, and a tournament stretched across 16 host cities spanning thousands of miles. Logistically, it’s a headache. Economically, it’s a gold rush.

FIFA is projecting revenues of around $11 billion from the tournament, nearly double what they pulled in from Qatar 2022. A significant chunk of that comes from American broadcast deals and corporate sponsorship, with the US market finally being treated as the commercial juggernaut it always was. Apple, Google, and a raft of Silicon Valley firms are queuing up in ways they simply weren’t for a tournament held in the Gulf.

“The United States is the last great untapped football market,” one sports economist told the Athletic earlier this year. “2026 is essentially FIFA’s American IPO.”

Then there’s the player prize money. FIFA has confirmed the total pot will hit $1 billion, with the winning nation taking home $125 million. For context, Qatar’s winners collected $42 million. That’s not incremental growth; that’s a completely different financial universe.

But it cuts both ways. Ticket prices in US venues are eye-watering, with some group stage seats listed above $500 on the official resale platform. Fans travelling from Europe or Africa are looking at flights, hotels across multiple cities, and daily costs in one of the most expensive countries on earth. The “fan experience” sold in the brochure and the reality of your bank account are having a serious conversation.

Smaller footballing nations, meanwhile, worry the expanded format dilutes the product. More teams means more mismatches in the group stage, and broadcasters are already privately nervous about filling airtime with one-sided affairs.

Whether the economics ultimately serve the sport or just the spreadsheet is the question that’ll define how we remember 2026 long after the final whistle.

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