  We study the Bak-Sneppen model in the probabilistic framework of the Run Time
Statistics (RTS). This model has attracted a large interest for its simplicity
being a prototype for the whole class of models showing Self-Organized
Criticality. The dynamics is characterized by a self-organization of almost all
the species fitnesses above a non-trivial threshold value, and by a lack of
spatial and temporal characteristic scales. This results in {\em avalanches} of
activity power law distributed. In this letter we use the RTS approach to
compute the value of $x_c$, the value of the avalanche exponent $\tau$ and the
asymptotic distribution of minimal fitnesses.
