The total prize funds for this summer’s Women’s Planet Cup will jump to far more than $150 million — a figure that is nevertheless far beneath the $440 million males received for the 2022 Planet Cup in Qatar.

Why it matters: The elevated pool, announced by FIFA on Thursday, is more than 3 instances larger than the 2019 women’s tournament and ten instances larger than the 2015 tournament.

• FIFA president Gianni Infantino stated the organization’s “ambition” is to have complete parity amongst men’s and women’s prize funds for the 2026 and 2027 Planet Cups.

Zoom in: The $150 million fund from FIFA will go toward prize funds for teams, group preparation and payments to club added benefits, ESPN reports.

• Some of the prize funds should really be employed to spend players, Infantino stated.
• “Girls deserve considerably, considerably far more than that and we are there to fight for them and with them,” he stated.
• Infantino also encouraged broadcasters to spend far more for the rights to air the upcoming Women’s Planet Cup.

In between the lines: Spend disparity amongst males and girls in soccer has been an ongoing challenge in current years. The United States, Canada, France and Spain have all campaigned for equal spend with the men’s soccer teams.

• The U.S. women’s national soccer group settled a gender-primarily based spend discrimination lawsuit with the US Soccer Federation for $24 million in February 2022.
• The federation announced final Could that it will ensure equal spend for all competitions by means of collective bargaining agreements with each teams.
• Below the agreement, the FIFA prize funds from the men’s and women’s Planet Cup matches will be pooled and then divided equally amongst the members of each teams.

Go deeper: U.S. soccer teams officially sign equal spend agreements