Interesting to look at how this will affect the Men's and Women's teams this year:
The USMNT had a big day on Tuesday, beating Iran 1-0 to advance to the Round of 16 at the World Cup in Qatar. It was also a big day for the USWNT. Their World Cup may not kick off until 2023, but they're finally being paid like the world-class athletes they are.
Making it to the knockout round of the World Cup guarantees the USMNT a prize of at least $13 million. And since World Cup payouts are being split down the middle between the USMNT and USWNT due to the landmark equal pay agreement struck between the USWNT Players Association and the U.S. Soccer Federation earlier this year, each team is now guaranteed to receive $6.5 million.
That's the biggest World Cup payout the USWNT has ever received. For some context, $6.5 million is more than the prize money they got from winning the 2015 and 2019 World Cups combined. (They earned $2 million for winning in 2015 and $4 million for winning in 2019.) The USWNT are finally being paid the same as their male counterparts, which shows the USSF values their talent, effort and play just as much as the men.
Obviously, the quote above implies that this result is the one that justice demands. I'm still surprised that the men agreed to it, as it was very much against their best financial interest.
I am not sure how all the logistics come into play but considering that the US didn't even qualify the last World Cup, it would also mean that the women's would be giving up their earnings during that period. Not a lot, but they would get something.