Breaking down Orioles’ playoff shares
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November 24, 2014 2:16 pm
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The Orioles fell short in their run to the World Series this season. However, it turned out to be a profitable pursuit.
Major League Baseball announced that the Orioles’ postseason share totaled $7,443,175.42, with the value of each full share being $125,288.04.
The Orioles issued 52 full shares, a total of 6.25 partial shares and 36 cash awards.
Players vote on the distribution of playoff money, including the amount and the recipients. For example, they awarded a share in 2012 to Triple-A…The Orioles fell short in their run to the World Series this season. However, it turned out to be a profitable pursuit.
Major League Baseball announced that the Orioles’ postseason share totaled $7,443,175.42, with the value of each full share being $125,288.04.
The Orioles issued 52 full shares, a total of 6.25 partial shares and 36 cash awards.
Players vote on the distribution of playoff money, including the amount and the recipients. For example, they awarded a share in 2012 to Triple-A Norfolk manager Ron Johnson and pitching coach Mike Griffin.
A full postseason share for the World Series champion Giants was worth a record high of $388,605.94, while a full share for the American League champion Royals totaled $230,699.73.
According to MLB, the Giants’ average share this year eclipsed the previous high – which also went to San Francisco following the 2012 World Series – of $370,872.53. Last year’s share amounts were $307,322.68 for the World Series champion Red Sox and $228,300.17 for the National League champion Cardinals.
The players’ pool was formed from 50 percent of the gate receipts from the wild card games, 60 percent of the gate receipts from the first three games of the Division Series, 60 percent of the gate receipts from the first four games of the League Championship Series and 60 percent of the gate receipts from the first four games of the World Series.
The players’ pool was divided among the 10 postseason clubs and totaled $62,026,461.86.
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