Pittsburgh Pirates owner Barney Dreyfuss proposes that each team in the World Series be required to turn over one-fourth of its share of the gate to the league, to be divided among the other teams. Until now, ten percent of the gross went to the National Commission, 60 percent to the players, and the rest to the two pennant-winning clubs. The National League will pass the resolution and send it to the American League. It marks the beginning of changes that ultimately give players of the first four clubs a percentage of the World Series money.
On December 14, 1911 — Pittsburgh Pirates owner Barney Dreyfuss proposes that each team in the World Series be required to turn over one-fourth of its share of the gate to the league, to be divided among the other teams. Until now, ten percent of the gross went to the National Commission, 60 percent to the players, and the rest to the two pennant-winning clubs. The National League will pass the resolution and send it to the American League. It marks the beginning of changes that ultimately give players of the first four clubs a percentage of the World Series money.
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Sources:
Baseball Reference December 14
National Pastime December 14