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

UEFA Nations League Draw

LAUSANNE, SWITZERLAND - JANUARY 24: Feature of the UEFA Nations League logo during the UEFA Nations League Draw 2018 at Swiss Tech Convention Center on January 24, 2018 in Lausanne, Switzerland. (Photo by Robert Hradil/Getty Images)

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

The first champion will earn $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 $1.85 million. Group winners will get $1.85 million extra and advance to the final tournament, and the winner will get another $5.55 million.

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