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The FIFA World Cup will expand to 48 teams in 2026by Mike Denison

The World Cup, already one of the biggest events in sports, is getting even bigger. 

FIFA announced Tuesday the event will expand from 32 to 48 teams by 2026, The New York Times reports.

The move was not without controversy. FIFA is still reeling from a corruption scandal involving former president Sepp Blatter. And the bigger tournament could lead to exhausted players and less prestige, since it'll be easier to qualify. It'll also make it harder for smaller nations to host the event.

But expansion is good news for Africa, Asia and Caribbean nations who are typically underrepresented at the big event. And expansion means at least $1 billion in revenue just from the group stages, by FIFA's estimate.

Here's FIFA's initial announcement tweet.

Fans didn't buy the reports that it wasn't about money.

On Monday, FIFA also announced its players of the year. Cristiano Ronaldo won for men.

And the U.S.'s own Carli Lloyd was named the best women's player in back-to-back years.