第一财经

The World Cup has never been more profitable in history! Behind the commercialization and “transformation” of the event by the United States lies a journey that has been brewing for nearly two decades.

原文:史上最赚世界杯!美国商业化“改造”背后,一场酝酿近二十年的起飞

Summary of Key Points

The 2026 USA-Mexico-Canada World Cup was one of the most profitable sports events in history, with FIFA generating total revenues of over $15 billion (far exceeding the initial target of $13 billion), and driving economic benefits in industries such as tourism and hospitality worth nearly $80 billion. The key to this success lies in the commercialization efforts led by the United States, which drew on American sports traditions like the Super Bowl. Strategies including mid-match performances, water-break commercials, and innovative marketing tactics were used to maximize profits. Additionally, the large number of immigrants in the U.S. helped attract fans from around the world. The development of the football market over the past two decades (e.g., the impact of David Beckham and the expansion of MLS) combined with strong financial and political support turned the World Cup into a veritable money-making machine for the country.

1. Record-Breaking Revenue: FIFA and Hosts Reap Huge Profits

The profitability of this World Cup set new records. FIFA initially estimated earnings of $9 billion, but shortly after the semifinals, it announced that total revenues for the 2023-2026 season would exceed $15 billion. Bloomberg estimates that the economic impact amounted to nearly $80 billion, including contributions from tourism, accommodation, and dining services. The reason for such substantial profits is the choice of a host country with a highly developed sports commercialization market: the United States. For instance, 75% of the matches were held in the U.S., and all the knockout rounds took place there, attracting a large audience willing to spend money and numerous brands interested in advertising. In the words of experts, “Placing the world's largest sporting event in the most profitable market makes it almost inevitable to make a fortune.”

2. American Innovations: Turning the World Cup into a Money-Maker

The U.S. applied its expertise in professional sports marketing to the World Cup:

  • Extended Mid-Match Performances: Superstars like Madonna and BTS were invited for the final, with the performance and stage setup taking over 27 minutes (well beyond the 15-minute limit). While it was presented as a charity event, the main goal was to sell expensive tickets (top-tier tickets costing nearly $10,000, and VIP seats up to $60,000), while also securing sponsorship from brands like Topps and Visa.
  • Forced Water Breaks: Three-minute water breaks were scheduled between halves, regardless of the weather. This was ostensibly for player safety but actually provided additional advertising time for broadcasting companies; Fox Sports in the U.S. earned an estimated $250 million from these breaks, covering half of its broadcasting costs. The audience saw cheerleaders dancing, but behind the scenes, advertisers were paying.
  • Innovative Merchandise Marketing: Long queues formed at souvenir stores (1-2 hours), and scarves with match details were only available for purchase on-site (for $45) and often sold out quickly. Fans could also use a QR code to access mobile shops or have highlights of the matches printed on T-shirts sent to their homes. Even the final match's turf was sold after the event, generating an additional $11.2 million.

3. Where Did the Audience Come From?

The success of the World Cup in the U.S. can be attributed to two factors:

  • Immigrant Support: With a large immigrant population, each team had a dedicated fan base. For example, although Haitian fans couldn't travel due to visa restrictions, 27,000 Haitians in Boston cheered for their teams during the matches. As one commentator noted, “Any team can find a supportive community in the U.S.”
  • Local Entusiasm: Many Americans saw the World Cup as an opportunity to experience the event up close and bought tickets. Bank data showed a 6.3% increase in credit card spending in June—the highest increase in four years—indicating that fans spent not only on tickets but also on dining and shopping.

4. Twenty Years of Preparation: How the U.S. Football Market Moved from the Periphery to the Mainstream

The success of the World Cup in the U.S. is not accidental but the result of nearly two decades of effort:

  • David Beckham's Role: Beckham's joining the LA Galaxy in 2007 led to changes in MLS rules, allowing teams to sign high-profile players without salary caps. Later, he bought the Miami International Club for $25 million, and in 2023, stars like Messi joined the league, significantly increasing its value to $1.35 billion.
  • Attraction of Top Players: Korean players like Son Heung-min and Levan Dzhordania have moved to play in the U.S., making it a trend for European stars to join MLS. The Women’s National Soccer League (NWSL) has also gained significant commercial value.
  • American Influence in European Football: Eleven of the 20 Premier League clubs are controlled by American investors, who have significantly impacted European football through both team acquisitions and commercial development.

5. Capital and Politics: The Underlying Forces Behind the World Cup

The success of the World Cup is also influenced by financial and political factors:

  • FIFA's Close Relationship with the U.S.: FIFA President Gianni Infantino attended Trump's inauguration, set up an office at the Trump Tower in New York, and even placed the World Cup trophy at the White House, awarding Trump a “Peace Prize.”
  • U.S. Interest in Hosting Solo Events: Before the final, Trump suggested that future World Cups be held solely in the U.S., reflecting America's desire to gain more control over the event’s commercial benefits.

In summary, the success of the 2026 World Cup is a testament to the United States’ ability to maximize the commercial potential of sports, highlighting the intricate connections between finance and politics behind such events.