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FIFA to pay World Cup winner $35M prize money

AP - Sports

COSTA DO SAUIPE, Brazil (AP) -- FIFA will give the 2014 World Cup winner $35 million in prize money, and all 32 competing nations will get at least $8 million.

The figures were agreed Thursday by FIFA's executive committee as part of a $576 million fund. It includes payments to clubs worldwide and an insurance policy to cover injured players' salaries.

At the 2010 World Cup, champion Spain earned $30 million from a $348 million teams' prize money pot.

FIFA pays the money to the 32 national federations, which will each get an additional $1.5 million to prepare for the June 12-July 13 tournament in Brazil.

The German federation has promised all 23 players a 300,000 euros ($407,000) bonus for winning the title.

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