• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
FinanceSoccer

Ken Griffin chips in to fund record-breaking $12 million contract for new US men’s soccer coach

By
Guillermo Molero
Guillermo Molero
and
Bloomberg
Down Arrow Button Icon
September 12, 2024, 12:32 PM ET
A middle-aged man, Ken Griffin, wearing a dark suit and light blue tie, sits on stage during a conference. He has short, neatly combed gray hair and is looking slightly to his left with a serious expression. Behind him is a purple backdrop with a repeating logo for the Milken Institute Global Conference.
A spokesperson for Griffin said the financier believes the appointment will help take soccer to the next level in the US and that players doing well on the pitch will expand the reach of the sport.Photo by Apu Gomes/Getty Image

The US men’s national soccer team has a new coach, and a major donor to help pay his salary: Ken Griffin. 

Recommended Video

Former Chelsea Football Club manager Mauricio Pochettino was hired this week to run the US squad, a move the national soccer federation said was “supported in significant part” by a gift from Griffin, the billionaire founder of the Miami-based Citadel financial empire. ESPN reported that the two year-deal is worth $6 million a year, making Pochettino the highest-paid coach in US soccer history.

A spokesperson for Griffin said the financier believes the appointment will help take soccer to the next level in the US and that players doing well on the pitch will expand the reach of the sport.

“Soccer is one of the most popular sports in America,” Griffin said in a statement. “I am excited to join my fellow Americans in supporting our teams’ efforts to triumph in the upcoming World Cup and beyond. When our players do well on the pitch, it expands the reach of this great sport.”

Griffin has long backed initiatives pushing for growth in US soccer, having donated $8 million since 2017 to fund the construction of 100 mini-pitches — hard-court soccer fields — in Chicago and Miami-Dade County to expand access to the game for young people. He had also joined a previous bid to purchase Chelsea, which Pochettino managed last season, and is on the board of the Miami host committee for the 2026 World Cup, which will be played in the US, Canada and Mexico. 

Pochettino, 52, is taking over for Gregg Berhalter, who was fired shortly after the team became the first host nation since 1975 to fail to advance to the knockout stage of the Copa America. The Argentina native previously helmed big-name European clubs Paris Saint-Germain and Tottenham Hotspur, where he coached superstars such as Lionel Messi, Neymar and Harry Kane.

Additional backing for Pochettino’s hire was provided by Scott Goodwin, co-founder and managing partner of Diameter Capital Partners LP, and several other commercial partners, the federation said. 

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Authors
By Guillermo Molero
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

Latest in Finance

Personal FinanceCertificates of Deposit (CDs)
Best certificates of deposit (CDs) for December 2025
By Glen Luke FlanaganDecember 23, 2025
7 hours ago
man in suit
CryptoCryptocurrency
JPMorgan to allow crypto trading for institutional clients in latest embrace of the sector
By Carlos GarciaDecember 23, 2025
7 hours ago
EnergyU.S. economy
Americans enjoy one refuge from inflation: The cheapest gas prices in years
By Wyatte Grantham-Philips and The Associated PressDecember 23, 2025
8 hours ago
PoliticsMedicaid
Medicaid paid more than $200 million to dead people, and Trump is rewriting privacy laws to fix it
By Fatima Hussein and The Associated PressDecember 23, 2025
9 hours ago
AIEye on AI
Silicon Valley’s tone-deaf take on the AI backlash will matter in 2026
By Sharon GoldmanDecember 23, 2025
10 hours ago
In this photo illustration, a clerk holds Powerball lottery tickets at a convenience store
Personal FinancePowerball
Financial experts warn future winner of the $1.7 billion Powerball: Don’t make these common money mistakes
By Ashley LutzDecember 23, 2025
10 hours ago

Most Popular

placeholder alt text
Success
Billionaire philanthropy's growing divide: Mark Zuckerberg stops funding immigration reform as MacKenzie Scott doubles down on DEI
By Ashley LutzDecember 22, 2025
1 day ago
placeholder alt text
Success
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
By Sydney LakeDecember 22, 2025
1 day ago
placeholder alt text
Travel & Leisure
After pouring $450 million into Florida real estate, Larry Ellison plans to lure the ultrarich to an exclusive town just minutes from Mar-a-Lago
By Marco Quiroz-GutierrezDecember 22, 2025
2 days ago
placeholder alt text
Success
The average worker would need to save for 52 years to claw their way out of the middle class and be classified as wealthy, new research reveals
By Orianna Rosa RoyleDecember 23, 2025
11 hours ago
placeholder alt text
Success
'When we got out of college, we had a job waiting for us': 80-year-old boomer says her generation left behind a different economy for her grandkids
By Mike Schneider and The Associated PressDecember 23, 2025
14 hours ago
placeholder alt text
Success
OpenAI's CEO Sam Altman says in 10 years' time college graduates will be working 'some completely new, exciting, super well-paid' job in space
By Preston ForeDecember 23, 2025
13 hours ago

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.