The greatest football players and coaches in the world currently have two opportunities each year to scoop up coveted individual honours with both the Ballon d'Or and FIFA The Best awards on the calendar.
Each ceremony recognises individuals who have made their mark on the game and they have proven to be a good way to measure who has shone brightest during specific eras.
While these are accolades any player would hope to win, there are a few key differences between the Ballon d'Or and FIFA's The Best.
The Sporting News looks at what sets each award apart and which one is arguably the bigger deal.
MORE: Full list of nominees for 2024 Ballon d'Or and Ballon d'Or Feminin
What's the difference between Ballon d'Or and FIFA The Best?
More than just a name differentiates these two awards. We break down some of the key points of difference below.
History
If the Ballon d'Or sounds more familiar that's because it has been around a lot longer than the FIFA The Best awards.
The first Ballon d'Or was handed out in 1956, while FIFA's awards in their current form were only rolled out recently in 2017.
Voting
Both awards are decided by a very different set of voters.
Journalists from around the world have exclusively decided the winner of the Ballon d'Or awards, with the exception of the 2010-2015 period, which saw a collaboration alongside FIFA (see below).
FIFA's The Best arguably uses a more democratic system that takes into account votes from national team coaches, national team captains, journalists and fans.
Schedule
Another key difference between both awards is when the voting is held and the winners are named.
The Ballon d'Or is generally handed out in October and now bases its winners on their performances across a single season. The 2024 gala takes place next month.
FIFA, however, holds its award ceremony either at the beginning or end of a calendar year with winners judged on their performances across that time frame. The latest Best award ceremony was held in January 2024.
Trophy
Last but not least, the silverware players take home for each award is inevitably quite different.
The Ballon d'Or takes the form of a golden ball, while FIFA's The Best is a platinum trophy that resembles a smaller version of the World Cup.
Did FIFA ever give out the Ballon d'Or?
While FIFA now has its own, distinctly different awards, they did once team up with French publication France Football to hand out the Ballon d'Or.
That relationship began in 2010 and saw FIFA shelve its World Player of the Year award as a result. The player and coach votes, which decided that award and now feed into The Best, were combined with the Ballon d'Or's ballot.
The collaboration saw the accolade renamed the 'FIFA Ballon d'Or' before both parties went their separate ways in 2015 and FIFA launched its own awards promptly afterwards.
MORE: FIFA The Best all-time winners
Which players have won both Ballon d'Or and FIFA The Best?
Despite their many differences, both awards have often been won by the same players in the same years.
The only variation to date in the men's game came in 2021 when Lionel Messi controversially won the Ballon d'Or and Robert Lewandowski was awarded FIFA's The Best.
Only a few votes separated the players across both awards with many fans and players critical of Lewandowski not taking the Ballon d'Or.
Messi and Aitana Bonmati won both the main Ballon d'Or and FIFA Best prizes for 2023, marking the second time that had happened for men and women in the same year.
| Year | Ballon d'Or (Men / Women) |
FIFA The Best (Men / Women) |
| 2016 | Cristiano Ronaldo / — | Cristiano Ronaldo / Carli Lloyd |
| 2017 | Cristiano Ronaldo / — | Cristiano Ronaldo / Lieke Martens |
| 2018 | Luka Modric / Ada Hegerberg | Luka Modric / Marta |
| 2019 | Lionel Messi / Megan Rapinoe | Lionel Messi / Megan Rapinoe |
| 2020 | (Not held due to COVID-19) | Robert Lewandowski / Lucy Bronze |
| 2021 | Lionel Messi / Alexia Putellas | Robert Lewandowski / Alexia Putellas |
| 2022 | Karim Benzema / Alexia Putellas | Lionel Messi / Alexia Putellas |
| 2023 | Lionel Messi / Aitana Bonmati | Lionel Messi / Aitana Bonmati |
Why Ballon d'Or is a bigger deal than FIFA The Best
With more than 50 years of extra history, the Ballon d'Or holds a special place in the heart of the footballing world as an annual tradition.
The current generation of players saw their idols lift the golden ball trophy, and it continues to have a real aura around it.
While FIFA has a greater profile around the world when compared to Ballon d'Or organisers France Football, its The Best awards still need time to become more established as the honour that all players dream of from the day they lace up their boots.
"All the work I did, I never gave up. It was a childhood dream," Benzema said about winning the 2022 Ballon d'Or. Another decade likely needs to elapse before players grow up saying the same thing about FIFA's The Best trophy.