The United States Soccer Federation, along with the country’s men’s and women’s teams, agreed to landmark collective bargaining agreements Wednesday that will ensure equal pay on both sides.

“This is a truly historic moment,” U.S. Soccer president Cindy Parlow Cone said. “These agreements have changed the game forever here in the United States and have the potential to change the game around the world.”

Terms of the USMNT’s and USWNT’s historic CBAs include equal compensation for all competitions and the launch of an identical commercial revenue sharing mechanism for the men’s and women’s national teams.