Blog Entry

Giants' WS share: $317,631.29

Posted on: November 29, 2010 11:42 am
Edited on: November 29, 2010 12:51 pm
 

If you're lucky, you might be getting a Christmas bonus -- but it's not going to be one like the San Francisco Giants just got.

Major League Baseball announced postseason shares for the eight playoff teams and four second-place finishers Monday morning, and the World Series champion Giants will be splitting nearly $20 million. One of the 50 full "shares" is worth $317,631.29. This is nothing to sneeze at for even the high-paid players, but it's life-changing money for some people whose names most fans don't know.

Before the postseason begins, players on contending teams traditionally have a team meeting at which they decide how shares will be divvied up. At this point, they don't know whether they are talking about second-place money (a share for the Cardinals is worth $9,679.42) or huge World Series shares. Players who have been on the team all or most of the season get full shares, as do some number of players who were with the team for part of the year (even if they ended up on different teams, which means Bengie Molina could be getting money from both the Giants and Rangers).

But players usually assign at least half-shares to the people who take care of them every day. Clubhouse attendants, trainers, clubhouse chefs, batboys. Players are usually generous toward these people anyway, tipping them at the end of the season, and giving them playoff shares is a way to reward them without directly taking money out of their own pockets.
So imagine you're a modestly paid guy who washes jockstraps for the Giants, and you wake up today to find yourself in line for a bonus worth hundreds of thousands of dollars. It's going to be a very happy holiday season.

Heres' the breakdown of payout by team, as released by MLB:

WORLD SERIES CHAMPIONS

San Francisco Giants (Share of Players' Pool: $19,764,779.19; value of each full share: $317,631.29) - 50 full shares, 9.89 partial shares and 5 cash awards.

AMERICAN LEAGUE CHAMPIONS

Texas Rangers (Share of Players' Pool: $13,176,519.46; value of each full share: $246,279.55) - 44 full shares, 8 partial shares and 12 cash awards.

LEAGUE CHAMPIONSHIP SERIES RUNNERS-UP

Philadelphia Phillies (Share of Players' Pool: $6,588,259.73; value of each full share: $123,140.50) - 43 full shares, 10.42 partial shares and 1 cash award.

New York Yankees (Share of Players' Pool: $6,588,259.73; value of each full share: $110,302.97) - 43 full shares, 15.75 partial shares and 1 cash award.

DIVISION SERIES RUNNERS-UP

Minnesota Twins (Share of Players' Pool: $1,647,064.93; value of each full share: $30,883.43) - 42 full shares, 10.17 partial shares and 16 cash awards.

Atlanta Braves (Share of Players' Pool: $1,647,064.93; value of each full share: $29,510.57) - 48 full shares, 7.03 partial shares and 35 cash awards.

Tampa Bay Rays (Share of Players' Pool: $1,647,064.93; value of each full share: $28,141.51) - 45 full shares, 10.48 partial shares and 20 cash awards.

Cincinnati Reds (Share of Players' Pool: $1,647,064.93; value of each full share: $26,910.27) - 48 full shares, 10.01 partial shares and 20 cash awards.

NON-WILD CARD SECOND-PLACE FINISHERS

Chicago White Sox (Share of Players' Pool: $549,021.64; value of each full share: $10,885.57) - 43 full shares, 6.33 partial shares and 9 cash awards.

San Diego Padres (Share of Players' Pool: $549,021.64; value of each full share: $10,118.84) - 47 full shares, 6.75 partial shares and 1 cash award.

Oakland Athletics (Share of Players' Pool: $549,021.64; value of each full share: $9,832.05) - 43 full shares, 12.5 partial shares and 3 cash awards.

St. Louis Cardinals (Share of Players' Pool: $549,021.64; value of each full share: $9,679.42) - 44 full shares, 12.05 partial shares and 4 cash awards.

-- David Andriesen

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Comments

Since: Sep 24, 2006
Posted on: November 29, 2010 5:52 pm
 

Giants' WS share: $317,631.29

I never realized that second place finishers (the White Sox, Padres, Athletics,and Cardinals) also got a share of the playoff pool.



Since: May 17, 2007
Posted on: November 29, 2010 2:49 pm
 

Giants' WS share: $317,631.29

I remember when we were kids, reading these announcements. In years back (before expansion) they paid for 4th place but the money was really not very much. Oh, by our standards in the 50s, it was a LOT of money. Players in those bygone years actually needed this money so their incentive to finish at least 4th was real and genuine. That was the days of Home Run Derby on TV and the winning guy would get a $1,000 check. These were NOT the average guys either. Mantle, Mays, Aaron, that group ... were all on that show.





Since: Jun 21, 2009
Posted on: November 29, 2010 2:36 pm
 

Giants' WS share: $317,631.29

My hunch is that the Giants' jockstrap washer isn't going to be able to retire based on getting a huge playoff bonus. You get a good jockstrap washer you want to give them just enough financial incentive to stick around, but not so much financial freedom that they'll quit the first chance they get. Hence the partial shares- 9.89 for the Giants, 10.42 for the Phillies, etc. Still, a $30,000 bonus for 8 months of  doing laundry isn't bad, especially in the current economy, even if that includes washing Aubrey Huff's 2-month old thong.


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