Fifteen clubs would contribute to the revenue-sharing pool, creating a fund of $22,957,000 for 11 clubs.
Once that deduction is taken, a tax rate is applied to the remaining revenue to determine a club's contribution to the revenue-sharing pool.
The players thought they moved significantly today, addressing the owners' stated desire to create a revenue-sharing pool for low-revenue clubs and a "drag" on player salaries.
But the fact that the Expos did make some money might rankle the clubs that make deposits into the revenue-sharing pool.
If a team exceeded the average payroll by any amount up to 10 percent, it would pay into the revenue-sharing pool an equal amount, $1 for $1.
Under the union plan, the Mets would have paid $3,365,000 into the revenue-sharing pool for low-revenue clubs.
The money would go into a revenue-sharing pool that would be shared by the low-revenue teams.
The plan to share more of the local revenue of high-revenue teams was aimed at producing $70 million for the revenue-sharing pool.
The Yankees paid $60 million into the revenue-sharing pool in 2004.
This agreement comes in addition to the supplemental revenue-sharing pool (which distributes revenue unequally based on need) that was established in the 1990s.