The details confirmed Wednesday by FIFA fulfils a promise made in March to financially reward the 732 players taking part in the July 20 – Aug. 20 tournament hosted by Australia and New Zealand.

It means more than half of FIFA’s total prize money fund of $110 million must be paid to the players in the 32 team squads.

Players from the 16 teams that do not advance from the group stage are still guaranteed to get $30,000 — more than the annual salary many get from their clubs. Read More