Sep 26, 2013, 3:03 PM EDT
The United States Soccer Federation’s tax forms and the amount it pays its coaches are no secret. This week, U.S. Soccer released its audited financial statements for the year ending March 31, 2013.
It sits among a treasure trove of financial data from the federation dating back to 2006 on its website. Among the information listed is U.S. men’s head coach Jürgen Klinsmann and women’s head coach Tom Sermanni’s contract details.
Klinsmann is under contract through Aug. 31, 2014, making $2.5 million per year. His potential bonus for the U.S.’s performance at the 2014 FIFA World Cup ranges from $500,000 to $10.5 million — presumably increasing the further the team progresses in the competition.
Sermanni’s deal runs out Dec. 31, 2016. His base salary ranges from $195,000 to $210,000 throughout his contract, and he is up for bonuses between $25,000 and $80,000 based on 2015 FIFA Women’s World Cup and 2016 Summer Olympics performances. In addition, if he is fired, U.S. Soccer must continue to pay him for six months at his rate when he is terminated.
Also included in the document is a brief overview of U.S. Soccer’s Nike sponsorship, which runs out on Dec. 31, 2014. Under the agreement, the federation benefitted from nearly $13 million worth of revenue, including $2.45 million in equipment at wholesale prices.
Speaking of agreements, the U.S. men’s collective bargaining agreement runs through Dec. 31, 2018, while the women’s agreement expired Dec. 31, 2012. A “memo of understanding” is the current authoritative document while a new CBA is drafted for the women.
The federation made $22,285,102 in national team game revenues in the year ending March 31 and $1,120,596 in revenue on the U.S. Open Cup. Expenses during that same time were $45,372,048 from national teams — $12.8 million from the men, $12.7 million from youth teams and $9.5 million from the women — and $593,886 from the Open Cup.
Some of the biggest non-team expenses in the document come from facilities. The National Training Center, which sits on the Anschutz Southern California Sports Complex in Carson, Calif., cost $250,000 in the first three years and increases each year based on the Consumer Price Index. The deal runs from Feb. 20, 2002, to Feb. 20, 2027.
In Frisco, Texas, the USSF made four payments totaling $5 million to offset construction costs of FC Dallas’ stadium and the complex surrounding it in 2006, soon after it was built. The USSF’s agreement there runs out Dec. 31, 2025.
The National Women’s Soccer League is not paying the USSF for use of the federation’s Chicago headquarters as the league’s base of operations. However, the USSF is required to make a minimum contribution for shared expenses between $1.1 million and $1.4 million this year to the Professional Referee Organization.
Aug 21, 2014, 5:22 PM EDT
A new starter will have his chance to stake his claim, while another player will get more looks in camp with the third keeper’s role.
Aug 21, 2014, 4:09 PM EDT
The 35-year-old is taking a step back, making himself unavailable for selection until Sept. 2015.
Aug 21, 2014, 3:19 PM EDT
LMA statement: “These were two text messages sent in private at a time Malky felt under great pressure and when he was letting off steam to a friend during some friendly text message banter.”
Aug 21, 2014, 2:40 PM EDT
Exciting attacker arrives at Loftus Road for the 2014-15 season.
Aug 21, 2014, 1:51 PM EDT
Despite being eligible to play for his country, Suarez left off Uruguay’s roster.
Aug 21, 2014, 12:44 PM EDT
Khedira turns down new deal at Real. Will the Spaniards cash in on him now?
Aug 21, 2014, 11:55 AM EDT
Former Liverpool star could be heading to United as Real Madrid seek to trim squad.
Aug 21, 2014, 11:16 AM EDT
Spurs boss in dramatic U-turn on Europa League after previously dismissing tournament.
Aug 21, 2014, 10:46 AM EDT
Leiweke to leave MLSE, as leading sports executive calls it quits in Toronto.
Aug 21, 2014, 10:05 AM EDT
After trailing 3-1, LA came roaring back to win 4-3 as Donovan bagged the winner.
Aug 21, 2014, 9:25 AM EDT
Di Maria wants out of Real, will Manchester United be able to pounce for his signature?
Aug 21, 2014, 8:54 AM EDT
Moody, pictured center, has resigned from his role at Palace following damaging allegations.
Aug 21, 2014, 8:20 AM EDT
Liverpool, AC Milan agree Balotelli transfer as player, agent set to arrive at Anfield.
Aug 21, 2014, 7:30 AM EDT
Monster moves rumored. Check out all the latest gossip, right here.
Aug 20, 2014, 11:15 PM EDT
Both Ronaldo and Ramos have gone to Madrid president Florentino Perez to ask him to keep Di Maria.
Aug 20, 2014, 10:20 PM EDT
Sunderland manager Gus Poyet believes United States striker Jozy Altidore is the happiest he has ever seen him.
Malky Mackay and Iain Moody investigated by FA for ‘sexist, racist and homophobic’ text messages while at Cardiff City
Aug 20, 2014, 9:11 PM EDT
Malky Mackay has been reported to the Football Association for being involved in a series of racist, sexist and homophobic text messages.
Aug 20, 2014, 8:35 PM EDT
If Liverpool legend Jamie Carragher showed up to your training to sign autographs, what would you ask him?
Aug 20, 2014, 8:15 PM EDT
Arteta’s status means that Jack Wilshere and Mathieu Flamini will be the holding midfield partnership against the Turks.
Aug 20, 2014, 7:25 PM EDT
Champions League play-offs continued on Wednesday with a series of tight contests headlined by a 1-0 victory for FC Porto at Lyon.
- Tim Howard taking a break from U.S. international duty 4
- Report: Xabi Alonso heading to Manchester United 6
- Mario Balotelli edging closer to shock $26 million Liverpool switch 16
- Thursday’s Transfer Rumor Roundup: Tiote to Arsenal, Destro to Chelsea 0
- Angel Di Maria gets love from Ronaldo, Sergio Ramos and Diego Simeone 2
- Jozy Altidore is the happiest he’s ever been, says Gus Poyet 3