Common use of Maximum Player Salary Clause in Contracts

Maximum Player Salary. No Standard Player Contract shall provide a Base Salary in any Season covered thereunder of more than the Maximum Player Salary. (a) For: (i) Player Contracts entered into between a Qualifying Veteran Free Agent with six (6) or more Years of Service and her Prior Team; (ii) Player Contracts entered into between a Veteran Free Agent with six (6) or more Years of Service who is designated as a Core Player and her Prior Team; (iii) Extensions of Rookie Scale Contracts with Draft Rookies; and (iv) Veteran Extensions with a player who, at the time such Veteran Extension is entered into, has six (6) or more Years of Service and has played under one or more Player Contracts covering some or all of each of the two preceding Seasons and either played exclusively with her Prior Team during such two Seasons, or, if she played with more than one Team during such period, changed Teams only (x) by means of assignment, or (y) by signing with her Prior Team during the first of the two Seasons, the Maximum Player Salary shall be: (b) For all other Player Contracts, the Maximum Player Salary shall be: The Maximum Player Salary for any Contract entered into during any Regular Season hereunder shall be reduced so as to equal the Maximum Player Salary multiplied by a fraction, the numerator of which is the number of days remaining in the Regular Season when the Contract is executed and the denominator of which is the total number of days of the Regular Season.

Appears in 3 contracts

Sources: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement

Maximum Player Salary. No Standard Player Contract shall provide a Base Salary in any Season covered thereunder of more than the Maximum Player Salary. (a) For: (i) Player Contracts entered into between a Qualifying Veteran Free Agent with six (6) or more Years of Service and her Prior Team; (ii) Player Contracts entered into between a Veteran Free Agent with six (6) or more Years of Service who is designated as a Core Player and her Prior Team; (iii) Extensions of Rookie Scale Contracts with Draft Rookies; and (iv) Veteran Extensions with a player who, at the time such Veteran Extension is entered into, has six (6) or more Years of Service and has played under one or more Player Contracts covering some or all of each of the two preceding Seasons and either played exclusively with her Prior Team during such two Seasons, or, if she played with more than one Team during such period, changed Teams only (x) by means of assignment, or (y) by signing with her Prior Team during the first of the two Seasons, the Maximum Player Salary shall be: 2014 2015 2016 2017 2018 2019 2020 2021 $107,500 $109,500 $111,500 $113,500 $115,500 $117,500 $119,500 $121,500 (b) For all other Player Contracts, the Maximum Player Salary shall be: 2014 2015 2016 2017 2018 2019 2020 2021 $105,000 $107,000 $109,000 $111,000 $113,000 $115,000 $117,000 $119,000 The Maximum Player Salary for any Contract entered into during any Regular Season hereunder shall be reduced so as to equal the Maximum Player Salary multiplied by a fraction, the numerator of which is the number of days remaining in the Regular Season when the Contract is executed and the denominator of which is the total number of days of the Regular Season.

Appears in 1 contract

Sources: Collective Bargaining Agreement