How much money will the 2024 MLB World Series winner get?

The Dodgers and Yankees play each other for a record twelfth time in the World Series.with the Yankees holding an eight-three lead. But both teams play not only for the sake of prestige and winning the Commissioner’s Trophy. The winning team has serious money at stake.

How much money is at stake to win the World Series?

Unlike many other tournaments, the actual prize pool is not set before the tournament begins, but is dependent on ticket sales, television rights and other post-season revenues. For 2024 winners are expected to earn approximately $35 million.The money will be divided between the players and the coaching staff.

The second-place team can also earn a significant amount of money, with the prize pool expected to be around $25 million. (Figures are based on percentages: champions receive 36% of the total pot, and runners-up receive 24%.)

This method of determining prize money based on playoff revenue has been around since the early days of MLB. Although historically the shares were modest: in the 1903 World Series (the first official championship), each winning player received only $1,182, which is equivalent to about $36,000 today. Interestingly, in the first World Series, the losing Pittsburgh Pirates players actually earned more because franchise owner Barney Dreyfuss added his share of ticket revenue to the players’ pot.

How is the World Series winner pool distributed?

The winning club can decide how it wants to split the money between players and non-playing staff, including coaches, trainers and staff. “non-uniformed staff” such as club attendants, cooks, security guards, bus drivers and housekeeping staff.

Expect players will be queuing for just under half a million dollars.

Remember players also receive championship ringswhich can cost significant amounts. Depending on the number of stones they contain and the level of complexity of the carving, they can cost anywhere from $20,000 to $70,000. their value potentially increases over time.