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It was done after the 1994 strike and cancellation of the World Series in the hopes of keeping fan interest as the owners were very concerned of losing fans. Splitting into three divisions meant two more teams would be added to the playoffs (a third division winner and a 'wildcard' team). This also meant more money for MLB as there would be more playoff games and more money in contracts from the networks that carried MLB games on television and radio.

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Q: Why did the AL and the NL split into three divisions?
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