Common use of Minimum Team Salary Clause in Contracts

Minimum Team Salary. (1) Beginning with the Salary Cap Year commencing on January 1, 2014, and for each Salary Cap Year thereafter during the term of this Agreement, there shall be a Minimum Team Salary equal to 90% of the Guaranty Level. (2) In the event that, as of the conclusion of a Season, a Team’s Team Salary is less than the applicable Minimum Team Salary, the WNBA shall cause such Team to make payments equal to the shortfall (to be disbursed to the players on such Team either in proportion to the players’ Base Salaries for that Season or in accordance with such other formula as may be reasonably determined by the Players Association). Notwithstanding the preceding sentence, any Team that ceases operations prior to the conclusion of a WNBA Season shall not be required to meet the Minimum Team Salary obligation.

Minimum Team Salary. (1) Beginning with the Salary Cap Year commencing on January December 1, 20142007, and for each Salary Cap Year thereafter during the term of this Agreement, there shall be a Minimum Team Salary equal to 90% of the Guaranty Level. (2) In the event that, as of the conclusion of a Season, a Team’s Team Salary is less than the applicable Minimum Team Salary, the WNBA shall cause such Team to make payments equal to the shortfall (to be disbursed to the players on such Team either in proportion to the players’ Base Salaries for that Season or in accordance with such other formula as may be reasonably determined by the Players Association). Notwithstanding the preceding sentence, any Team that ceases operations prior to the conclusion of during a WNBA Season shall not be required to meet the Minimum Team Salary obligation.

Minimum Team Salary. (1) ‌ Beginning with the Salary Cap Year commencing on January 1, 20142020, and for each Salary Cap Year thereafter during the term of this Agreement, there shall be a Minimum Team Salary equal to 90% of the Guaranty Guarantee Level. (2) . In the event that, as of the conclusion of a Season, a Team’s Team Salary is less than the applicable Minimum Team Salary, the WNBA shall cause such Team to make payments equal to the shortfall (to be disbursed to the players on such Team either in proportion to the players’ Base Salaries for that Season or in accordance with such other formula as may be reasonably determined by the Players Association). Notwithstanding the preceding sentence, any Team that ceases operations prior to the conclusion of a WNBA Season shall not be required to meet the Minimum Team Salary obligation.