How It Works
Baseball Income-Pooling Arrangements
A professional baseball career is filled with uncertainties. Several factors can prevent a player from earning enough to support themselves and their families. Sandlot Share provides an opportunity for players to support one another throughout their careers.
Sandlot Share's service is essentially an insurance policy allowing players to contribute a small portion of their future income and divvy it up amongst players in their pool.
Here's how it works:
- An athlete typically picks a pool with other peer athletes prior to the MLB draft.
- They join a future income-sharing pool with other players. Drafted players will then play minor league ball until called up to the 40 man roster with the Major League team.
- When one or more members of the pool makes the Major League and starts earning a salary above the League-minimum,, they donate 10% of their salary to the pool.
- The funds in the pool are distributed to each of the group's members.
- If a member of the pool never makes it to the Major League, that member will not have to contribute any amount to the pool.
Thriving Together
Income pooling is not just a way for players to financially support one another. It also builds a sense of camaraderie, as members cheer on other participants in their pool and root for their success.
When a player joins a pool, they sign a contract specifying the terms ensuring that every member is on the same page. This facilitates fair contribution and distribution processes.
Ready to learn more about how you can secure your career and the career of others? Call us at or contact us online today.