From
Darren Rovell:
Sources told CNBC that Yankees players recently received a letter from the Major League Baseball Players Association that informed them that there was mistake in the calculation of the World Series championship share.
By virtue of winning, the Yankees divided up $21.2 million. Originally, the Yankees awarded 46 players and coaches full shares, making the full share a record $365,052 (12.25 partial shares were also awarded.)
But the letter told those who had full shares that three people (two trainers and a player) were not allocated their proper share. The result? Those who received full shares are now being asked to pay back approximately $10,000 each.
Here's a quote from the head of the players union:
"There was a mistake with respect to shares, and the mistake wasn't discovered until the money was actually distributed," union head Michael Weiner said. "The union and the commissioner's office negotiated a mechanism whereby it could be corrected. It does require players who received full shares to contribute to a pool that then will be used to reimburse the affected individuals."
Since this is Major League Baseball's fault, maybe they should pay for the mistake. That would be nice, right? But I guess when you're talking about $365K--around $185K after taxes-- having to give back ten (
SI is reporting it's actually $15,023) isn't too big a deal.
