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.
Oct 24, 2014, 11:30 PM EDT
The midfielder is yet to make a Premier League start this season as rumors surfaced that he could return to Brazil on loan.
Oct 24, 2014, 10:33 PM EDT
Chicago ended their season with a win as Florent Sinama-Pongolle tallied in stoppage time to erase Houston’s first half lead.
Oct 24, 2014, 9:22 PM EDT
You can watch the match live on NBCSN or online via Live Extra.
Oct 24, 2014, 8:51 PM EDT
Neil Warnock could be answering to a new boss if American billionaire Josh Harris purchases Palace.
Oct 24, 2014, 8:00 PM EDT
Jose Carlos Rivero was charged with two felonies earlier this month but continued to work games for the MLS.
Oct 24, 2014, 7:27 PM EDT
The New York Red Bulls made a young girl’s dream come true as she signed a one-day contract with her favorite team.
Oct 24, 2014, 6:20 PM EDT
Watch the Black Cats host the Gunners at 9:45 a.m. ET online via Live Extra.
Oct 24, 2014, 5:31 PM EDT
UEFA handed Serbia a 3-0 win but deducted points after their match against Albania was called off due to violence.
Oct 24, 2014, 4:43 PM EDT
The former England captain and Manchester United legend plans to retire after his season at QPR.
Oct 24, 2014, 3:54 PM EDT
Watch as Leicester City travels to Liberty Stadium tomorrow live on NBC at 12:30 p.m. ET.
Oct 24, 2014, 3:04 PM EDT
Pogba broke through with 9 goals and 10 assists across all competitions for Juventus last season and a goal and assist at the World Cup.
A coach tells a fan tells a ticket rep… How soccer fans and the Red Bulls created this adorable goal video
Oct 24, 2014, 2:26 PM EDT
It’s a little dusty in here. Godspeed, Irelyn. May a cure be found in short order!
Oct 24, 2014, 2:01 PM EDT
It’s going to be ugly and we’re going to shake our heads. Some will feign shock. And the whole cycle will repeat itself again at Barcelona.
Oct 24, 2014, 1:20 PM EDT
Here’s how PST’s editor and lead writer sees things panning out this weekend.
Oct 24, 2014, 1:00 PM EDT
Perhaps a respite for Tim Howard and Brad Guzan, as their clubs face lesser competition this week in Burnley and QPR, respectively.
Oct 24, 2014, 12:25 PM EDT
Where and how to watch every game during Week 9 of the PL.
Oct 24, 2014, 12:05 PM EDT
It’s a top-four battle — no, seriously — as Manchester City rolls into Upton Park to take on Sam Allardyce’s West Ham United.
Oct 24, 2014, 11:15 AM EDT
Who makes the cut as MLS players deserving of a look at USMNT camp?
Oct 24, 2014, 10:25 AM EDT
An all-MLS final appearance is impossible thanks to seeding, and Montreal and DC can only face-off if they win in the quarterfinals this winter.
Oct 24, 2014, 9:38 AM EDT
The purpose of the show is for the Robbies to hear from the fans on this call-in show, so dial 855-323-4622 and have your say.
- Chicago Fire 2-1 Houston Dynamo: Stoppage-time winner caps off Chicago comeback (VIDEO) 0
- Premier League Preview: Sunderland vs. Arsenal 0
- Still defending racial incident, seething at bite talk, Suarez returns for Barcelona 0
- Prince-Wright’s Premier League picks – Manchester United, Arsenal, Liverpool 0
- WATCH: Premier League TV schedule – Week 9 1
- Introducing: “The 2 Robbies ‘Football’ Show” on NBCSportsRadio.com 0