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.
Mar 31, 2015, 9:26 PM EDT
As bizarre as this is to read, Michael Bradley didn’t register a single helper for the States until 2011. In the Klinsmann era, he has 12.
Mar 31, 2015, 8:07 PM EDT
It was out of character for Altidore, who hadn’t received a red card for club or country since he was with AZ Alkmaar in 2012.
Mar 31, 2015, 7:17 PM EDT
With the deal Porto have turned another big profit. See this incredible list below, as the Portuguese club giants have made close to $423 million.
Mar 31, 2015, 6:20 PM EDT
It was a busy couple days for friendlies outside of the draw between Switzerland and the USMNT, with some MLSers doing work in the mix.
Mar 31, 2015, 5:27 PM EDT
Tottenham Hotspur could have new, improved digs as soon as the 2018-19 season, according to the BBC.
Mar 31, 2015, 4:38 PM EDT
Though Wayne Rooney had a series of good chances including a struck crossbar, it was the Tottenham man who beat Gianluigi Buffon to tie things up.
Mar 31, 2015, 3:47 PM EDT
What would the price tag be for the German star if he skipped Dortmund for Old Trafford?
Mar 31, 2015, 2:50 PM EDT
Here are three points and a bonus reminder from the Yanks’ final match until April 15 in Texas against Mexico.
Mar 31, 2015, 2:01 PM EDT
Another late goal denies the USMNT victory.
Mar 31, 2015, 1:07 PM EDT
Shea does his best Gareth Bale impression.
Mar 31, 2015, 12:49 PM EDT
Messi’s right foot is still giving him some bother.
Mar 31, 2015, 11:16 AM EDT
Klinsmann makes changes to team who lost to Denmark, switches up formation.
Mar 31, 2015, 10:56 AM EDT
Could Di Maria be on his way out of Old Trafford after just one season?
Mar 31, 2015, 10:02 AM EDT
Plenty of intriguing questions surrounding the USMNT picture ahead of Tuesday’s game against the Swiss.
Mar 31, 2015, 9:40 AM EDT
Top European teams will get extra revenue from Champions League, Europa League from next season.
Mar 31, 2015, 8:45 AM EDT
Three out of five ain’t bad, right?
Mar 31, 2015, 7:57 AM EDT
Messi tops list of forwards in Europe.
USMNT vs Switzerland preview: Last time they met, Michael Bradley scored the winner with a full head of hair
Mar 30, 2015, 11:07 PM EDT
Maurice Edu and Danny Szetela helped the goal get going, and Bradley was barely more than 20 years old.
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- Three things we learned from the USMNT’s late 1-1 draw in Switzerland 1
- Player ratings: Stars and flops for the USMNT in 1-1 draw at Switzerland 8
- Switzerland 1-1 USMNT: Another late equalizer cancels out Shea’s stunner 3
- VIDEO: Watch Brek Shea’s stunning free kick for USA against Switzerland 2
- Lineups out for USMNT vs. Switzerland: Williams, Morales, Shea come in; diamond in midfield 2