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The USL Cup is an annual soccer competition in men's domestic American soccer. The USL Cup is currently known as the USL Jägermeister Cup after its title sponsor, Jägermeister. The competition is open to all clubs in USL Championship and USL League One.
The format of the 2024 USL Cup allowed a balanced league schedule for the 2024 USL League One season, with each team playing each other twice and also preserving the length of the season. Previous to the creation of the USL Cup, the league had regularly played an unbalanced schedule of 28–32 games, often playing other teams in the league three times. The introduction of USL Championship sides into the competition in 2025 re-introduced an unbalanced schedule to USL League One.
In an interview, USL Championship president Jeremy Alumbaugh and USL League One president Lee O'Neill stated that both USL Championship and USL League Two were being considered to enter the competition in future years. However, the USL Cup was not considered to be a replacement for the U.S. Open Cup, and USL teams would continue competing in future U.S. Open Cup tournaments.
O'Neill emphasized in USL's announcement of the tournament that the creation of the USL Cup would "open up more possibilities for the competitive structure going forward." The announcement also hinted that the tournament could be a precursor to a promotion and relegation system within the professional levels of the USL.
The 2025 edition of the USL Cup saw the addition of USL Championship clubs to the competition, keeping a similar format to the previous year's edition.
The teams participating in the competition are split into groups of six to seven teams, with each team facing two teams in their group at home, and two others away. The top team from each group advances to a knockout round, in addition to the two teams with the most points that do not win their group.
The first edition of the competition split the teams into three groups of four teams. Teams played the other three teams in their group twice, home and away. They played an additional two games against two teams in other groups, one at home and one away. The top team from each group, plus the team with the most goals scored that did not win their group, advanced to the knockout round.
| +Key to list of winners | |
| Match decided via a penalty shootout after regulation | |
| (#) | Number of trophies won by club |
| * | 2024 edition did not include USL Championship clubs |
| 2024* ! style="font-weight:normal" | Northern Colorado Hailstorm FC (1) | Forward Madison FC | 4Rivers Equipment Stadium | Windsor, Colorado | 3,550 | |
| 2025 ! style="font-weight:normal" | Hartford Athletic (1) | 1–0 | Sacramento Republic FC | Heart Health Park | Sacramento, California | 11,569 |
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