Fox Sports may have already lost its big bet on the World Cup

U.S. men's soccer team.
(Image credit: Victor Decolongon/Getty Images)

The U.S. men's national soccer team received a devastating blow Tuesday night, losing their qualifying match against Trinidad and Tobago 2-1. The defeat eliminated the team from being able to participate in the 2018 World Cup in Russia.

The USMNT has played in every World Cup since 1986, making the U.S. broadcast rights to the tournament valuable. That's why as U.S. Soccer reels after the nightmare loss, Fox Sports might be even more stunned: A bidding war between Fox Sports and ESPN resulted in Fox outdueling the Worldwide Leader in Sports to the tune of $400 million for the English-language rights to broadcast both the 2018 and 2022 World Cups.

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Elianna Spitzer

Elianna Spitzer is a rising junior at Brandeis University, majoring in Politics and American Studies. She is also a news editor and writer at The Brandeis Hoot. When she is not covering campus news, Elianna can be found arguing legal cases with her mock trial team.q