Wondering how much MLB players earn for making the playoffs? Here is your answer: not enough!
But, this is only a conclusive statement and fails at informing you of everything you need to know about playoff winnings and what you can do about it.
Major Problem with what MLB Players earn for making the Playoffs:
First, let’s acknowledge one big fat problem: losing a tie-breaker (game 163, 16x, etc.) does not make a professional baseball player eligible for the grand prize: the Player’s Pool.
Instead, your team must actually be identified and play a game as a Wild Card team, Division Series team, League Championship team, or World Series team to be eligible for the Player’s Pool.
Player’s Pool Percentages:
Now, what is the Player’s pool and how does it affect what MLB players earn for making the playoffs? The Player’s Pool is a pool of money divided up by players on the roster of a MLB team that played in the playoffs.
Every team, both winners and losers, playing a post-season professional baseball game are eligible for a specific percentage of the Player’s Pool. The percentages are broken down as follows:
(1) World Series Winner: 36% of the Player’s Pool
(2) World Series Looser: 24% of the Player’s Pool
(3) League Championship Series Looser: 24% of the Player’s Pool, divided by 2 teams
(4) Division Series Looser: 13% of the Player’s Pool, divided by 4 teams
(5) Wild Card Looser: 3% of the Player’s Pool, divided by 2 teams
How is the Player’s Pool Calculated?
Next, let’s discuss how what MLB players earn for making the playoffs is appalling. It is the opinion of this baseball agent that MLB players rendering their services in the Playoffs get screwed.
As mandated by the CBA, the pool is limited to 60% of the total gate receipts from the first 4 games of the World Series, 60% of the total gate receipts for the first 4 games of the League Championship Series, 60% of the total gate receipts for the first 3 games of each Division Series, and 50% of the total gate receipts from each Wild Card game (minus travel expenses of the visiting team).
Again, this is where the players get screwed because the player’s pool doesn’t include game 5, game 6, or game 7 of the Championship Series or the World Series. Also, the player’s get screwed because the player’s pool doesn’t include concessions or advertising sales. Perhaps the term “screwed” is a bit too harsh. None the less, I hope this element of the MLB CBA gets changed after the year 2016.
What does each Major League Playoff Team make for getting into the Playoffs?
But wait, what does this actually mean in real dollars? To keep things simple, let’s assume the MLB CBA sets a bunch of minimum standards and you are looking for the punch line. To help you, the general rule is the World Series winner will divide approximately $4,600,000.
In other words and generally speaking, 36% of the Player’s Pool equals $4,600,000. For the team loosing the Wild Card, 3% of the Player’s Pool equals approximately $192,000. Thus, there is quite a range.
If you are scoring at home or by yourself, this equals approximately $184,000 for each player if their team wins the World Series and $7,680 for each player if their team looses the Wild Card game. Of course, these are approximations and many assumptions were made. These assumptions are described below.
You mean there is a voting process for the division of the Player’s Pool too?
Get this….each team is required to VOTE on the division process of their respected portion of the Player’s Pool. Yes, and this is where the whole process can get crazy. What a major league playoff team makes for getting into the playoffs still doesn’t matter for the following reason: a MLB team granted a percentage of the Player’s Pool is further required to divide it among their players. How you might ask?
Well, this is where the designated Player Representatives becomes extremely important! Forget trust….will your Player Rep do the right thing when dividing the Player’s Pool by designating equal shares given the fact baseball is a team game? Lets hope so!
What does each Major League Player really make when playing in the Playoffs?
In other words, some teams vote to designate equal shares while other teams might vote on awarding the most to the MVP and or the least to the one left-hander in the bullpen who played approximately 1.2 innings. Assuming the winner of the World Series divides the Player’s Pool in equal shares and excluding travel and meal expenses, this translates to approximately $184,000 for each player if their team wins the World Series.
On the other hand and using the same theory of equal shares, what MLB players earn for making the playoffs and loosing the Wild Card game translates to $7,680 for each player.
As a Player, what should you do about the Player’s Pool?
I agree with you, what MLB players earn for making the playoffs is unfair and runs the risk of destroying a clubhouse. That being said, two things are for sure: we both have been dreaming of playing in the big leagues and or a World Series for many many years.
Thus, leave the division of your Player’s Pool up to you your Agent and enjoy the moment. You never know whether you will get this opportunity a second time.