- most recent growth forecast, link here: 1.1 million bopd
- previous forecast: 1.3 million bopd
- again, false precision: 200,000 bbls / 100 million bbls daily consumption = 0.2%
- forecast for 2020: demand growth at 1.4 million bopd (ditto, re: false precision)
The men still pull the World Cup money wagon. The men's World Cup in Russia generated over $6 billion in revenue, with the participating teams sharing $400 million, less than 7% of revenue.
Meanwhile, the Women's World Cup is expected to earn $131 million for the full four-year cycle 2019-22 and dole out $30 million to the participating teams.In case Occasional-Cortex has difficulty reading data posted in paragraphs, let's post that again:
revenue for one tournament (repeat: one tournament):
- men's soccer: $6 billion
- women's soccer: $131 million
My hunch is that the Men's World Cup would have generated another $1 billion had the American men's team made it to the semifinals. I don't recall, but I don't think the US men even made it to the semifinals.
The US women: win the World Cup and the revenue generated was (131/6,000) 2% of the men's.
Using the argument, equal pay for equal work, authors should all be paid the same amount for their books.
All CEOs, regardless of sex, size of company, revenues, etc., should be paid the same.
I enjoyed the women's soccer, especially the US-France match. That said, there's no contest of men and women. The cup-winning US National Women, in 2017, lost to a 14 and under boy's team from Dallas. This sort of result is not an outlier. Some similar matches versus boys squads, the boys were handicapped to 10 players to even things up.
ReplyDeleteI can still enjoy the women versus women because it's apples to apples. The main difference with men's soccer to my untrained eye is that the men just run much more and with more sprints. Female forwards and midfielders almost seem like male defenders in terms of less running. But the male mids and fwds are constantly running up and down the pitch and frequently sprinting.
Very nice note, thank you. I, too, really, really enjoyed watching the women's world cup this year -- when the US was playing or when the game might affect who would play the US again.
DeleteBecause the are more world wide mens professional leagues that actually pay the men a salary, Most Nat'l team players are paid an "Appearance Fee" to play in Int'l competitions.
ReplyDeleteIt really is and apples/oranges deal.
Not an Rapinoe fan, but one thing she is right in is- If fans want women to gain equal pay then fans need to attend Womens league games.
Point she missed is that for fans to want to attend womens league games, the women need to put a better overall product on the field
I don't watch PGA "senior champions" play golf; I don't watch women's golf; I don't watch the Canadian Football League (is that league still around?); I don't watch arena football. But I watch the PGA men's tournaments; occasional NFL. It's unlikely I will ever watch women's soccer unless the US is in the world cup like they were this year. No matter how good they are, I just can't imagine watching. I don't watch women's beach volleyball either, or men's or women's tennis for that matter.
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