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UEFA Nations League gets $94 million prize fund for 55 teams

Germany v Argentina: 2014 FIFA World Cup Brazil Final

RIO DE JANEIRO, BRAZIL - JULY 13: Germany celebrate with the World Cup trophy after defeating Argentina 1-0 in extra time during the 2014 FIFA World Cup Brazil Final match between Germany and Argentina at Maracana on July 13, 2014 in Rio de Janeiro, Brazil. (Photo by Matthias Hangst/Getty Images)

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NYON, Switzerland (AP) UEFA says it has created a 76.25 million euro ($94 million) prize fund for the inaugural Nations League.

The first champion will earn 7.5 million euros ($9.25 million).

The Nations League is replacing most international friendlies. All 55 UEFA members will play group matches in four tiers through November. The Final Four will be in June 2019.

UEFA says 12 top-ranked teams in League A will each get 1.5 million euros ($1.85 million). Group winners will get 1.5 million euros ($1.85 million) extra and advance to the final tournament, and the winner will get another 4.5 million euros ($5.55 million).

League B will pay 1 million euros ($1.23 million) per team, while in League C it’s 750,000 euros ($925,000) and in League D it’s 500,000 euros ($617,000). Group winners will double their money.