Common use of Minimum Player Salary Clause in Contracts

Minimum Player Salary. (a) Except with respect to 7-Day Contracts provided for in Section 9 below, Rest-of-Season Contracts provided for in Section 10 below, Replacement Contracts provided for in Section 11 below, and Rookie Scale Contracts, no Standard Player Contract covering the following Seasons shall provide a Base Salary of less than the following amounts: Years of Service 2014 2015 2016 2017 2018 2019 2020 2021 0-2 $38,150 $38,913 $39,676 $40,439 $41,202 $41,965 $42,728 $43,491 3+ $55,000 $55,275 $55,550 $55,825 $56,100 $56,375 $56,650 $56,925 (b) Nothing in this Section 7 shall alter the respective rights and liabilities of a player and a Team, as provided for in this Agreement or a Standard Player Contract, with respect to the termination of a Player Contract. (c) Every Contract entered into between a player and Team that is intended to provide for only the Minimum Player Salary for one or more Seasons must contain the following sentence in Exhibit 1 of such Contract and shall be deemed amended in the manner described in such sentence: “This Contract is intended to provide for a Base Salary for the Season(s) equal to the Minimum Player Salary for such Season(s) and shall be deemed amended to the extent necessary to so provide.” (d) Every Player Contract entered into between a player and a Team that covers the 2013 Season and one or more subsequent Seasons, and that is intended to provide for Base Salary equal to the Minimum Player Salary for such Season(s), (i) must state in Exhibit 1 of such Contract that the Base Salary for the 2013 Season is the amount provided for in Section 7(a) above and for all Season(s) after the 2013 Season is the “Minimum Player Salary,” and (ii) shall comply with and be subject to the provisions of Section 7(c) above. The player’s Salary for each Season shall equal her then-applicable Minimum Player Salary.

Minimum Player Salary. (a) Except with respect to 7-Day Contracts provided for in Section 9 below, Rest-of-Season Contracts provided for in Section 10 below, Replacement Contracts provided for in Section 11 below, and Rookie Scale Contracts, no Standard Player Contract covering the following Seasons shall provide a Base Salary of less than the following amounts: Years of Service 2014 2015 2016 2017 2018 2019 2020 2021 0-2 $38,150 $38,913 $39,676 $40,439 $41,202 $41,965 $42,728 $43,491 3+ $55,000 $55,275 $55,550 $55,825 $56,100 $56,375 $56,650 $56,925 (b) Nothing in this Section 7 shall alter the respective rights and liabilities of a player and a Team, as provided for in this Agreement or a Standard Player Contract, with respect to the termination of a Player Contract. (c) Every Contract entered into between a player and Team that is intended to provide for only the Minimum Player Salary for one or more Seasons must contain the following sentence in Exhibit 1 of such Contract and shall be deemed amended in the manner described in such sentence: “This Contract is intended to provide for a Base Salary for the Season(s) equal to the Minimum Player Salary for such Season(s) and shall be deemed amended to the extent necessary to so provide.” (d) Every Player Contract entered into between a player and a Team that covers the 2013 Season and one or more subsequent Seasons, and that is intended to provide for Base Salary equal to the Minimum Player Salary for such Season(s), (i) must state in Exhibit 1 of such Contract that the Base Salary for the 2013 Season is the amount provided for in Section 7(a) above and for all Season(s) after the 2013 Season is the “Minimum Player Salary,” and (ii) shall comply with and be subject to the provisions of Section 7(c) above. The player’s Salary for each Season shall equal her then-applicable Minimum Player Salary.