HIBS will share a one million pounds bounty from the SPL.
The Capital club finished third in the season just past and will receive a share of the league's revenue based on their position in the table.
The exact amount each SPL club receives is worked out on a sliding scale which brings greater rewards for finishing higher.
Under a formula agreed by the clubs, all SPL revenues, once running costs and payments to the Scottish Football League and to the relegated club are stripped out, are split with 48 % shared equally among the clubs and the remaining 52 % divided on where each finished in the League. Although the final figures have yet to be worked out, it's understood the 12 clubs stand to share between £12 and £14 million.
As a result, Hibs will pick up 9.5 % of the pot with, according to sources, each % point equal to between £120,000 and £140,000 depending on final calculations.
This means that Hibs will receive at least £1,140,000, a figure that could increase to £1,330,000. If the final payment is at the upper end it will mean Hibs getting a bonus of almost £500,000 more than they did for finishing eighth last season.
Full rundown of the hand outs
As champions, Rangers will receive the lion's share, 17 %, of the bonus money, equivalent to between £2,040,000 and £2,380,000, with runners-up Celtic picking up 15 per cent (between £1,800,000 and £2,100,000).
1 Rangers: 17 % (£2. to £2.4 million)
2 Celtic: 15 % (£1.8 to £2.1 mill)
3 Hibs: 9.5 % (£1.14 to £1.33 mill)
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5 Hearts: 8 % (£960,000 to £1.1 mill)
6 Motherwell: 7.5 % (£900,000 to £1 mill)
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