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Klinsmann could earn potential bonuses of up to $10.5 million
September 26th, 2013 12:53AM

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TAGS:  men's national team, women's national team

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[U.S. SOCCER] In addition to an annual salary of $2.5 million, U.S. men's national team coach Jurgen Klinsmann's contract with U.S. Soccer calls for bonuses as high as $10.5 million based on the national team's performance at the 2014 World Cup in Brazil. (Klinsmann's minimum bonus is $500,000.)

By comparison, new women's coach Tom Sermanni, whose contract runs through the end of 2016, earns base compensation of $185,000 to $210,000 and potential bonuses of $25,000 to $80,000 based on the women's success at the 2015 Women's World Cup in Canada and 2016 Olympics in Rio de Janeiro.

U.S. Soccer: 2013 Financial Statement

U.S. Soccer revenues increased almost $9 million to $64.9 million in fiscal year 2013. Almost $46 million come from sponsorship revenues -- from SUM and Nike -- and national team revenues. International game revenues -- fees for international matches played in the United States -- and Open Cup both almost doubled in fiscal year 2013 from 2012 revenues. U.S. Soccer's fiscal year ends March 31.

The non-profit organization has financial assets -- cash and securities -- of $56 million.


3 comments
  1. Ric Fonseca
    commented on: September 27, 2013 at 12:31 a.m.
    Strange, I remember only too well, when I attended an NSCAA convention and was present when the head honcho of a formerly English soccer corporation opened his presentation by saying, (I paraphrase) "It must be remembered that the term "non-profit" really doesn't fit the bill, 'cause once gets some profit in the bottom line..." so the last sentence of this article really attests to what was said: its "profit" is in the "financial assets - cash and securities... (sic)"... just an observation!

  1. Chuck Kerr
    commented on: September 27, 2013 at 8:05 a.m.
    Mr. Reporter, You can't throw out a number of $10.5 million and then not give details on what Klinsmann and the US team have to do to achieve this jackpot. I assume, at the very least, the US has to win the World Cup. And maybe clean sheet each of 7-games? Do the TV rating have to exceed the 2014 Super Bowl? Does Dempsey have to win the Golden Boot and appear on the cover of Time Magazine? Possibly Klinsmann has to personally re-negotiate Nike's sponsorship? Wash and wax Gulati car each Saturday?

  1. James Froehlich
    commented on: September 27, 2013 at 10:08 a.m.
    Great comment Chuck. Poor reporting or maybe an agenda???


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