2023 NWSL Challenge Cup

[4][5] It was also the first edition under a multi-year sponsorship with UKG, which increased the pool of prize money to $1 million toward a goal of achieving equal compensation when compared to men's leagues and open cup competitions in the United States.

[6][7] The North Carolina Courage defeated the Racing Louisville FC 2–0 in the final.

All 12 NWSL teams participated in the Challenge Cup, and the tournament was played concurrently with the regular season.

[9] Players in the four semifinal teams divide the tournament's $1 million pool of prize money.

A player is automatically suspended for the next match in the tournament for the following offenses:[9] Manaka Matsukubo was awarded the MVP of the 2023 NWSL Challenge Cup final match,[8] and Kristen Hamilton was named the overall MVP of the tournament.