So US women's soccer is going to start getting 'equal' pay to their male counterparts in a new revenue sharing mechanism. Basically regardless if male sports matches have 10x the attendance or TV ratings (metrics that actually matter for revenue), women will now get the same pay. I'm curious if other irrelevant women's sports are going to try and point to this model as a way to get paid. I honestly can't wait for the WNBA to demand Lebron give up half his paycheck to subsidize their 'right' to equal pay. Maybe it spreads internationally?
Thoughts?
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The U.S. women’s national soccer team has notched another huge win.
U.S. Soccer, along with the unions for the men’s and women’s national teams, has announced it has reached a new collective bargaining agreement, in which every man and woman who plays will receive equal pay, TODAY reported exclusively on Wednesday. The squads will also divide World Cup prize money, the first soccer federation to do that.
“It's equalization of World Cup prize money, identical financial terms, including identical game payments, identical revenue sharing for both teams, so identical in every aspect on that front,” U.S. Soccer President Cindy Parlow Cone told TODAY.
The players will also divide equally any money U.S. Soccer generates commercially and at events.
https://www.today.com/news/sports/us-womens-soccer-announces-equal-pay-deal-rcna29364