Eurocup and Copa América prizes have different values; know more
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Eurocup and Copa América prizes have different values; know more
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There is a difference in the value of the prize for those who win the European Championship title or the Copa América. Specialists in sports management and marketing cite some points that define the differentiation of values, according to the importance of the dispute, the involvement of the clubs involved, in addition to the final product in general.
Understand the reason for the difference in values
The Euro Cup in 2024 is taking place in Germany and the prize for the winning team will be R$150 million, which is a higher amount than what will be paid to whoever wins the Copa América cup, which has a value of R$97 million.
I believe that the final product still dictates the value of a dispute, and this wrap that the Copa Libertadores has had over the years has made the movement around sponsors and exposure reach the level we are seeing today, very successful. We don't even need to talk about the Euro Cup because, in fact, it's almost like a World Cup and brings together the best athletes on the planet. But that doesn't take away the merit of the Copa América, on the contrary. The CEO and founding partner of End to End adds: Conmebol is testing this new format, with a different and shorter competition time, and this could also mean that, in the medium term, or in the next competition, it gains as much visibility as other competitions. – detailed Reginaldo Diniz.
Images from the Canada and Argentina game at the debut of the Copa América 2024 (Photo: reproduction/Charly Triballeau/AFP/Getty Images Embed)
Copa América becomes a tournament on the rise
Although the first edition of the Copa América took place in 1916, the tournament until 1975 was known as the South American Championship and from 1993 onwards there were more teams with Mexico as a guest and in recent years the competition has been structured. For Thiago Freitas, COO of the company Roc Nation Sports in Brazil, the income factor between continents and the predictability between tournaments can also generate these discrepancies in prizes.
“The Copa América, in this format and with this frequency, can be classified as a 'young' tournament, which has just come of age. This is one of the factors that makes the Euro generate fewer resources. We must also consider the level of income of the populations of South America and how they compare with that of Europeans. Advertisers pay less to sell to those who can buy less”, stated Thiago Freitas
For Thiago, another reason for causing an inferiority is the fact that the Copa América has no competition for a place and for the financial market this generates less interest and is therefore considered a tournament that attracts less attention.
Featured photo: Euro Cup Trophy (Reproduction/Paul Ellis/Getty Images Embed)
Eurocup and Copa América prizes have different values; know more
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Eurocup and Copa América prizes have different values; know more
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