Tigers players receive playoff shares for making it to World Series

By virtue of winning the American League pennant and making the World Series this year, 48 players from the Detroit Tigers were awarded with full playoff shares of $284,274.50 on Monday, Chris Iott of MLive writes. The entire team's portion of this year's playoff money totals $15,687,232.61.

The players' pool of playoff money is derived from a few sources: 50 percent of game receipts from Wild Card games, as well as 60 percent of game receipts from the first three games of the AL and NL Division Series, the first four games of the AL and NL Championship Series and the first four games of the World Series.

For this season, the total playoff payout for players amounted to over $65 million, handed out to each of the 10 playoff teams in different amounts. In addition to the 48 full shares awarded by the Tigers this year, the team also awarded 7.06 partial shares and seven cash awards.