World Series

How much do the 2024 World Series champions get? Prize money breakdown

Players and teams receive a substantial share of the money accumulated during the playoffs, where ticket sales play a crucial role in determining the final prize for the winner of the 2024 World Series.

Josh Jung #6 of the Texas Rangers smiles with the trophy after defeating the Arizona Diamondbacks 5-0 in Game Five of the World Series at Chase Field on November 01, 2023 in Phoenix, Arizona.
© Getty ImagesJosh Jung #6 of the Texas Rangers smiles with the trophy after defeating the Arizona Diamondbacks 5-0 in Game Five of the World Series at Chase Field on November 01, 2023 in Phoenix, Arizona.

As the 2024 World Series unfolds between the New York Yankees and the Los Angeles Dodgers, players on both teams have more than just championship glory on the line; they are also competing for a lucrative prize pool. Each player on the winning team will receive a substantial bonus of $250,000, with the potential for additional performance-based bonuses offered by their respective teams.

The financial implications of winning the World Series extend beyond just player bonuses. The winning team stands to gain over $100 million when factoring in ticket sales and other revenues associated with the playoffs. This financial windfall is made possible by a well-structured revenue-sharing model: the player’s pool is funded by a percentage of the ticket revenue from various playoff stages.

For instance, the winning team receives 50% of the revenue from Wild Card games and 60% from the first three games of the Divisional Series, as well as the first four games of the League Championship Series and the World Series itself.

Advertisement

World Series prize money is lower than most players’ salary

While the financial incentives are significant, they may not be the primary motivator for many players. Most athletes in the World Series have lucrative contracts, with some earning over $5 million and others making upwards of $30 million annually. For them, the monetary rewards from winning the World Series are relatively small compared to their overall earnings. What truly drives these players is the honor of capturing the coveted championship title.

PHOENIX, ARIZONA – SEPTEMBER 01: Shohei Ohtani #17 of the Los Angeles Dodgers stands on deck during the first inning of the MLB game against the Arizona Diamondbacks at Chase Field on September 01, 2024 in Phoenix, Arizona. (Photo by Christian Petersen/Getty Images)

PHOENIX, ARIZONA – SEPTEMBER 01: Shohei Ohtani #17 of the Los Angeles Dodgers stands on deck during the first inning of the MLB game against the Arizona Diamondbacks at Chase Field on September 01, 2024 in Phoenix, Arizona. (Photo by Christian Petersen/Getty Images)

Advertisement

The Yankees and Dodgers, two of the most storied franchises in Major League Baseball, are acutely aware of the legacy that comes with winning the World Series. For both teams, this year’s championship series is not just about financial gain; it’s also about pride, tradition, and the opportunity to etch their names in the annals of baseball greatness after more than 40 years without playing a championship against each other.

What MLB umpire make: A breakdown of umpire salaries in the 2024 World Series

see also

ALSO READ
Celtics’ Jaylen Brown takes aim at an action LeBron James commits during games
NBA

Celtics’ Jaylen Brown takes aim at an action LeBron James commits during games

Travis Kelce confirms if he has played his last game with Patrick Mahomes
NFL

Travis Kelce confirms if he has played his last game with Patrick Mahomes

Trae Young injury update: Hawks star provides a hopeful message on his status
NBA

Trae Young injury update: Hawks star provides a hopeful message on his status

Alabama drama: Pete Thamel drops report on Kalen DeBoer’s future that could worry Crimson Tide fans
College Football

Alabama drama: Pete Thamel drops report on Kalen DeBoer’s future that could worry Crimson Tide fans

Better Collective Logo