Now that the MLB post season is here, the teams who made it and their players get to share revenue from one big pot. According to the MLB collecting Bargaining Agreement an annual revenue pool is the pay for players and teams appearing in the post season.
Under the agreement between MLB and its players union the players receive 60% of the pool for all the necessary games it takes to win a World Series title. Since it takes 24 game to win a title, the players receive 60% of the ticket revenue for a constant 24 games year to year.
As teams progress further into the post season, their share of the pool becomes larger. The World Series winner receives 20% of the entire pool and for the 2006 St. Louis Cardinals players took home more than 20 million dollars.
Now a player who played the entire season with his team, gets a whole share. A player who was added to the roster in the, like Matt Holliday for instance, would receive a partial share. On top of that the players can divvy up their shares anyway they want. They can also vote shares to Coaches, team personnel, or anyone else they choose. The 2007 Colorado Rockies voted a share for the widow of a minor league coach in their system.
In 2006 a full share from the St. Louis Cardinals World Series winner was worth 362,173 dollars. Last year the Philadelphia Phillies got 351,504 dollars per full share, and the runner up Tamp Bay Rays got full shares worth 223,390 dollars.
For the team that get virtually no money from the ticket sales generated by the post season games. They must give a 60% of that to the players, but after the 24 games have been played the teams themselves get a share of the post season ticket revenue.
The main source of income for playoff teams are parking and concessions. Since most of these games are guaranteed sellout the take from this revenue stream is usually very high.
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