How much money does the winning team at the Concacaf Gold Cup earn?

Mexico will face the United States in this year's Concacaf Gold Cup final. How much money will the 2021 champions earn?

How much money does the winning team at the Concacaf Gold Cup earn?
Chuck Burton AFP

Sixteen teams entered this year's Gold Cup and we are down to just two. On Sunday, Mexico will take on the USA in Las Vegas.

El Tri go into this weekend's clash with their sights on a ninth Gold Cup triumph. Mexico are the most successful team in the tournament's history, having won it eight times, followed by the United States with six titles.

This will be the 16th edition of the tournament and it will be a special one, since Concacaf is also celebrating their 60th anniversary. The tournament has been played since 1963 but was reformatted in 1991 to the competition it is today.

How much does the Gold Cup champion earn?

The champion of the Gold Cup 2021 will get $1 million dollars, while the finalist will take home $500k. The team who finishes third will take another $200k. The fourth place team will receive $150k.

In comparison with other regional competitions, the money prize for the Gold Cup 2021 is not the highest. For example, Argentina, the Copa America 2021 champions, earned $10 million, while every participant received $4 million. Italy took home $12 million for winning Euro 2020.

What is the Gold Cup?

The Gold Cup is the regional championship for Concacaf, the Confederation of North, Central America and Caribbean Association Football. Over the course of 15 previous Gold Cup tournaments, the USA have lifted the trophy six times (1991, 2002, 2005, 2007, 2013, 2017). The competition is held every two years.

Gold Cup final: Mexico vs USA - how they got there

Atlético Madrid midfielder Hector Herrera scored in the ninth minute of second-half stoppage time to give Mexico a dramatic 2-1 victory over Canada in the semi-finals of the Gold Cup at Houston on Thursday. The USA defeated Qatar 1-0 on Thursday in the other semi-final and will be in their 12th final hoping to win their seventh title. The United States last won the Gold Cup in 2017. Mexico will be seeking revenge after losing to the US in the final of the Nations League campaign in June.