Blackpool players will split a £3 million jackpot if they beat relegation.
The People says the Seasiders were given extra time by the Premier League to sort out the bonuses after winning promotion, and the sum is smaller than the £5m shared by the players after reaching the top flight.
Holloway's team can earn up to about £275,000 by staying in the Premier League - an achievement that would be worth £4m to the club in prize and TV money.
There was some bad feeling about late payment of the promotion bonus but that has been sorted out. However, some of last season's loan players are still waiting for their payout.