The profit deal will see employees' rewards worth around £43,000 – more than double the firm's average salary of £20,000.
Sports Direct, founded and controlled by Newcastle United owner Mike Ashley, last night could not confirm how many of its Scottish employees will benefit, and staff will not be able to cash in the shares for at least a year.
But some 29 of its 393 UK stores are north of the border, indicating 160 Scottish workers could benefit from the pay-out.
Sports Direct said 2200 employees, out of a workforce of 17,000, will get the payment after the company met targets in a two-year bonus plan.
Full-time workers with at least a year's service were enrolled in the scheme in 2009.
Sports Direct, which also trades as Sports World, Field & Trek, Hargreaves Sports, Gilesports and Donnay International, has stores in prime shopping locations including Glasgow's Sauchiehall Street.
The company generated underlying profits of £200.4million in the year to April 24, exceeding its £195m target.
The group, which own brands including Dunlop and Kangol, also reported a 10% rise in revenues to £1.6bn.
As a result, the scheme will pay out shares currently worth an average £30,960 each. Combined with a pay-out for meeting the previous year's target, the awards are now worth an average of £43,850.
Chief executive Dave Forsey said: "This has been an excellent year of growth for the group in a challenging retail environment."
