The amount of money that moved from haves such as the Yankees and Red Sox to have-nots such as the Athletics and Padres in Major League Baseball totaled $404 million for 2010, according to league sources. The amount was a decline of 6.7 percent from last year when the total was $433 million.
The amount of money per club that was transferred from those that pulled in high revenues to those that needed assistance was not divulged.
Total gross revenues increased from $6.6 billion in 2009 to $7 billion for 2010. While revenues increased, some of the payors saw net local revenues increase at less a rate than some of the payees, hence the decline in revenue-sharing dollars..
Revenue-sharing, as it pertains to money that moves from high-revenue makers to low-revenue one is comprised of a percentage of net local revenues each year.
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