Baseball Play-offs Extra Money
10-25-2010 / By:
Like most professional sports, the teams that make the play-offs in Major League Baseball receive “playoff” money. The deeper into the playoffs a team goes, the larger each player’s share. In 2009, it was estimated that the New York Yankees received almost $400,000 each.
At some point late in the regular season, the players on the team held a players only team meeting where they voted shares. The players who have been on the roster all season get a full share of course but the players will also vote full or partial shares to players who may have been traded during the season or who may have joined the team in a trade. Coaches, clubhouse personnel and even front office people may also be voted shares of varying sizes. As an example of how the players will do things, the Los Angeles Angels, who lost to the Yankees in the American League Championship series in 2009, voted a full playoff share to the estate of pitcher Nick Adenhart, a player who had been killed in a car accident in April of 2009.
While established stars with large, multi-year contracts probably appreciate their play off shares as an opportunity to maybe purchase a nice antique Persian rug for their house or apartment, shares the size of those the Yankees received in 2009 are nearly the same amount as rookies or more marginal players made for the entire season.
Most all the professional sports have similar ways of voting on playoff money. Most of the higher paid players are quite able to use their regular season salaries to buy that antique Persian rug, but they do still appreciate getting that playoff income supplement, no matter how much they may make during the regular season. In earlier times in professional sports, the playoff shares may well have been the difference between whether the players had to pick up an off season job of some sort. It is only in the more recent years, with the explosion of salaries due to television rights income, that players have not had to work off season jobs in order to survive.
So whether the player uses the shares money to buy antique Persian rugs, buy a home for his parents, purchase the latest electronic toys and games or just go into the bank to save for life after the sports career is completed, it is part of the player’s own validation that they have been played for and won a championship.
And no antique Persian rug is needed for that.
At some point late in the regular season, the players on the team held a players only team meeting where they voted shares. The players who have been on the roster all season get a full share of course but the players will also vote full or partial shares to players who may have been traded during the season or who may have joined the team in a trade. Coaches, clubhouse personnel and even front office people may also be voted shares of varying sizes. As an example of how the players will do things, the Los Angeles Angels, who lost to the Yankees in the American League Championship series in 2009, voted a full playoff share to the estate of pitcher Nick Adenhart, a player who had been killed in a car accident in April of 2009.
While established stars with large, multi-year contracts probably appreciate their play off shares as an opportunity to maybe purchase a nice antique Persian rug for their house or apartment, shares the size of those the Yankees received in 2009 are nearly the same amount as rookies or more marginal players made for the entire season.
Most all the professional sports have similar ways of voting on playoff money. Most of the higher paid players are quite able to use their regular season salaries to buy that antique Persian rug, but they do still appreciate getting that playoff income supplement, no matter how much they may make during the regular season. In earlier times in professional sports, the playoff shares may well have been the difference between whether the players had to pick up an off season job of some sort. It is only in the more recent years, with the explosion of salaries due to television rights income, that players have not had to work off season jobs in order to survive.
So whether the player uses the shares money to buy antique Persian rugs, buy a home for his parents, purchase the latest electronic toys and games or just go into the bank to save for life after the sports career is completed, it is part of the player’s own validation that they have been played for and won a championship.
And no antique Persian rug is needed for that.
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