Who pays for the World Series rings? The winning team, or MLB?

Question

And how much does the winning team get for winning?

Answer 1

The winning team selects the design, which company gets to make them, who receives one and they also pay for it.
The winners (usually) choose from two major companies (Balfour or Jostens) after looking at designs and bids.

Teams with multiple W.S Championships often stay loyal to the same company. The Yankees, for4 example are Balfour loyal, having designed and made the ring for all 26 NYY championships.

Bonus $ comes from Series and Playoff gate. A set % of all games gate goes into a pool. All playoff teams get some of it . The farther you advance the more your team gets.

Teams then create a list, by player vote, of all who deserve a portion. All the main character will receive a FULL SHARE. Often, lesser contributors, that the player feel deserve something will be voted a 1/2 or 1/4 share. The teams total post season bonus is then divided by the total # of shares to determine each players bonus

Answer 2

The winning team pays for the rings.

Answer 3

The owners (via the major stock holders) allocate a portion of their profits to pay for the rings. Not only do the players get rings, so do the members of the entire support group of the organization. Other rings are also determined by the owner for others who are close to the team but perhaps not in an official capacity, for example the broadcast teams both television and radio.

Answer 4

The winning team buys the rings and determines who gets one. When the Angels won in 2002 the players got the really nice diamond rings but just about every employee of the team got a ring. They were replicas and more along the line of a high-school class ring but everyone got one.

Answer 5

The owner of the winning team pays for the rings. They also have final say on how extavagant the ring will be (how much it costs), and how many people will get them (the front office and part time players usually also get rings)

Answer 6

The individual teams pay for the rings, and make the decisions about who gets or doesn't get one. For example, some teams may give rings to guys who were traded during the season, while others don't. For example, Larry Walker and Cal Eldred both got rings last season, despite having retired after 2005. They were given them for being "spring training instructors."

As for payouts, it's all based on gate receipts and depends on the length of series, etc., so it varies by year. Last year's winner, the Cardinals, received just over $362,000 per player share. This is a list of payouts by year:

http://www.baseball-almanac.com/ws/wsshares.shtml

Answer 7

the winning team pays for the rings and also decides who in the organization get ones. my friend works for the red sox and he got a ring even though he is just an IT person. the team can get anyone they want to receive one.

Answer 8

The team pays for the rings..... As for the money it depends on how long the series went and how much they made......

Answer 9

a million. Haha properly the two "sucky communities" gained their respective sequence against the "better communities" by using 2 video games to a million, making them the better communities, atleast for a 7 activity sequence. it is ordinarily merely because of the fact Yankees and Phillies have each and every of the hype, and the Giants and Rangers have been ordinarily skipped over. 2. on the Giants area i think of that's going to be Licecum, Cain, Sanchez, Bumgarner, yet Cain or Sanchez might desire to be switched. For the Rangers I merely understand Cliff Lee will pass activity a million. 3. Rangers did marvel me. no longer for beating the Yankees, yet for beating the Rays. theory they might take the international sequence this 12 months. Rangers vs Yankees after the 1st activity i presumed the Rangers have been going to win. i've got theory Giants vs Phillies grew to become right into a toss up earnings Giants provided that I first heard approximately it, so no longer stunned in any respect. 4. Cliff Lee interior the playoffs so a good distance. accepted season Tim of course. 5. approximately mid season if I undergo in recommendations properly. definite that's, it additionally intimidates his fighters. 6. extremely undecided, i want to assert Giants yet those communities purely performed 2 video games throughout the time of the accepted season. the two one might desire to dominate the different, or you have an exceptionally long no longer straight forward fought sequence. we can might desire to make certain. If the Giants win, the commencing pitchers will might desire to dominate like they did throughout the time of the accepted season and playoffs.

Answer 10

team