Equal compensation for men and women’s soccer teams in the United States is a “historic” agreement.

Under a “historic” deal announced by the US Soccer Federation, the men’s and women’s national soccer teams will earn equal compensation.

The federation is the first in the world to equalize prize money granted to its men’s and women’s World Cup teams.

“This is a historic occasion. These accords have forever changed the game in the United States, and they have the potential to change the game globally “President of US Soccer Cindy Parlow Cone stated.

This is a historic occasion. “These accords have forever changed the game in the United States and have the potential to change the game everywhere,” said US Soccer president Cindy Parlow Cone.

The milestone agreement includes “similar compensation for all competitions, including the FIFA World Cup,” as well as “the establishment of the same commercial revenue sharing model for both teams,” according to the USSF.

The agreement states that players from both sides will “pool and share” the normally unequal prize money granted by FIFA for their respective World Cup participation.

The significant disparity in FIFA’s rewards for men’s and women’s competitions had made equalizing World Cup pay a major stumbling block.

“The CBA (collective bargaining agreement) results are a monument to the amazing work of WNT players on and off the field,” said US women’s captain Becky Sauerbrunn, head of the women’s players’ association.

She went on to say that she hoped the deal would “likewise serve as the cornerstone for the continued expansion of women’s soccer both in the United States and overseas.”

FIFA awarded the US men $5.375 million for reaching the round of 16 in the 2014 World Cup, their previous appearance, and the women $1.725 million for winning the 2015 tournament.

For winning the 2018 men’s World Cup, FIFA gave France $38 million, but just $4 million to the United States for winning the 2019 Women’s World Cup.

Players from “both teams will earn an equal amount of the total prize money offered when both teams participate in the same competition” in non-World Cup tournaments.

The US national women’s team received a $24 million payout and a promise of equal pay in a landmark settlement with US Soccer in February, which was conditional on the new collective bargaining agreement.

The organization was accused of “stubbornly refusing” to pay its men’s and women’s players equally in the case, which was filed in 2019.

The deal, which runs until 2028, also intends to improve “player health and safety, data privacy, and the need to balance responsibilities to both club and country,” according to the United States Soccer Federation.

Megan Rapinoe, the women’s soccer star who has built a reputation as an outspoken advocate for social justice issues such as fair pay and working conditions for herself and her teammates, stated in February that the settlement represented a turning point in “US Soccer.”

“We hope this will awaken others to the need for this type of reform,” said center-back Walker Zimmerman, who is a member of the men’s team players organization.

“They believed equal pay for men and women was impossible,” he continued, “but that didn’t stop us; we went ahead and did it.”

Four Ladies’ World Cup titles and four Olympic gold medals have been won by the US women. They are aiming for an unprecedented third consecutive Women’s World Cup title after winning in Canada in 2015 and France in 2019. In 2012, they won Olympic gold in London.