Sep 26, 2013, 3:03 PM EST
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.
Nov 24, 2014, 5:30 PM EST
PST’s Lead Writer and Editor takes an in-depth look at the PL during Week 12.
Nov 24, 2014, 5:11 PM EST
Aston Villa led at halftime but a Nathaniel Clyne strike ensured a point for Southampton at Villa Park.
Nov 24, 2014, 4:32 PM EST
Struggling in England, the Reds need a result midweek to remain in the Champions League.
Nov 24, 2014, 3:54 PM EST
It’s a rare halftime lead for Aston Villa as they look to shock Southampton.
Nov 24, 2014, 3:00 PM EST
Schalke is three points back of Chelsea despite drawing 1-1 in the Stamford Bridge portion of group play.
Nov 24, 2014, 2:23 PM EST
The league announced Monday that Akindele edged Steve Birnbaum of DC United and Harry Shipp of the Chicago Fire for the honor.
Nov 24, 2014, 2:05 PM EST
The second-placed Saints need a win to keep pace with a Chelsea team threatening to run away with the Premier League.
Nov 24, 2014, 1:17 PM EST
Packwood is a promising defender who can be a big part of the US U-23 picture and onward.
Nov 24, 2014, 12:36 PM EST
Seven of his eight appearances have been substitutions, all in the 76th minute or later.
Nov 24, 2014, 11:35 AM EST
No one told Wright-Phillips another yellow card would keep him out of an MLS Cup Playoff game. Pretty unsettling if you’re a Red Bulls fan.
Nov 24, 2014, 10:45 AM EST
Arteta felt they were dominating the game before an own goal from Kieran Gibbs changed the temperature and, at the risk of losing something in the language, doesn’t think highly of the Red Devils.
Nov 24, 2014, 9:46 AM EST
It wasn’t quite a number that rivaled top American matches, but women’s soccer in England can take an extra bow.
Nov 24, 2014, 9:09 AM EST
A trio of American attackers scored goals and a bevy of defenders and netminders worked good shifts in the own end.
Nov 24, 2014, 8:20 AM EST
Certainly keepers like David De Gea, Tim Howard, Wojciech Szczesny, Hugo Lloris and Salvatore Sirigu are scratching their heads.
Nov 24, 2014, 7:30 AM EST
Two teams on very different form meet on NBCSN to finish off the weekend’s Premier League action.
La Liga and Serie A roundup: Valencia, Napoli falter in Champions League bids; Milan derby a stalemate
Nov 23, 2014, 10:20 PM EST
Catch up on all of Sunday’s action and movement in La Liga and Serie A.
Nov 23, 2014, 8:15 PM EST
The Revs and Galaxy may both hold one-goal advantages, but they’re very different leads built in very different ways.
Nov 23, 2014, 7:45 PM EST
The Crystal Palace manager hailed his side’s “Neil Warnock performance” as they pull themselves out of the relegation zone.
Nov 23, 2014, 7:14 PM EST
The Galaxy find themselves just 90 minutes from the third MLS Cup final in four years after a narrow victory over the Sounders.
Halftime, MLS Cup Playoffs: LA Galaxy, Seattle Sounders in 0-0 Western Conference Championship stalemate
Nov 23, 2014, 6:05 PM EST
Zeroes on the scoresheet, but plenty of action in the first half. Sounders very patient, but Galaxy getting close.
- Premier League Playback: Should Liverpool fire Brendan Rodgers? 0
- Aston Villa 1-1 Southampton: Nathaniel Clyne secures point for Saints 0
- Tesho Akindele brings FC Dallas its first MLS Rookie of the Year award 0
- Americans Abroad review: Boyd bags brace, Johannsson heads home (video) 2
- Premier League Preview: Aston Villa vs. Southampton 0
- Inside Look, MLS Cup Playoffs: How Revs, Galaxy built very different one-goal leads 1