Common use of Training Camp Contracts Clause in Contracts

Training Camp Contracts. From February 1 until the day prior to the first day of the next Regular Season, a Team may enter into Player Contracts that will not be included in Team Salary until the first day of such Regular Season (i.e., the player will be deemed not to have any Salary until the first day of such Regular Season), provided that such Contracts satisfy the requirements of this Section 2(g) (a “Training Camp Contract”). No Training Camp Contract may provide for (i) Salary in excess of the applicable Minimum Player Salary, (ii) Base Salary protection of any kind, or (iii) a term longer than one (1) Season. Notwithstanding the foregoing, any Rookie Scale Contract entered into from February 1 through the day prior to the first day of the next Regular Season shall be a Training Camp Contract. The only consideration that may be provided to a player signed to a Training Camp Contract, prior to the start of the Regular Season, is per diem, lodging, and transportation. A Team that has entered into one or more Training Camp Contracts must terminate such Contracts no later than the day prior to the first day of a Regular Season, except to the extent the Team has Room for such Contracts. Notwithstanding anything to the contrary herein, Qualifying Offers and Rookie Tenders that, if signed by the player would become Training Camp Contracts, shall not be included in Team Salary from January 1 until the day prior to the first day of the next Regular Season.

Appears in 4 contracts

Samples: wnbpa-uploads.s3.amazonaws.com, wnbpa.com, pennstatelaw.psu.edu

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Training Camp Contracts. From February 1 until the day prior to the first day of the next Regular Season, a Team may enter into Player Contracts that will not be included in Team Salary until the first day of such Regular Season (i.e., the player will be deemed not to have any Salary until the first day of such Regular Season), provided that such Contracts satisfy the requirements of this Section 2(g) (a “Training Camp Contract”). No No‌ Training Camp Contract may provide for (i) Salary in excess of the applicable Minimum Player Salary, (ii) Base Salary protection of any kind, or (iii) a term longer than one (1) Season. Notwithstanding the foregoing, any Rookie Scale Contract entered into from February 1 through the day prior to the first day of the next Regular Season shall be a Training Camp Contract. The only consideration that may be provided to a player signed to a Training Camp Contract, prior to the start of the Regular Season, is per diem, lodging, and transportation. A Team that has entered into one or more Training Camp Contracts must terminate such Contracts no later than the day prior to the first day of a Regular Season, except to the extent the Team has Room for such Contracts. Notwithstanding anything to the contrary herein, Qualifying Offers and Rookie Tenders that, if signed by the player would become Training Camp Contracts, shall not be included in Team Salary from January 1 until the day prior to the first day of the next Regular Season.

Appears in 1 contract

Samples: wnbpa.com

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Training Camp Contracts. From February 1 January 5 until the day prior to the first day of the next Regular Season, a Team may enter into Player Contracts that will not be included in Team Salary until the first day of such Regular Season (i.e., the player will be deemed not to have any Salary until the first day of such Regular Season), provided that such Contracts satisfy the requirements of this Section 2(g) (a “Training Camp Contract”). No Training Camp Contract may provide for (i) Salary in excess of the applicable Minimum Player Salary, (ii) Base Salary protection of any kind, or (iii) a term longer than one (1) Season. Notwithstanding the foregoing, any Rookie Scale Contract entered into from February 1 January 5 through the day prior to the first day of the next Regular Season shall be a Training Camp Contract. The only consideration that may be provided to a player signed to a Training Camp Contract, prior to the start of the Regular Season, is per diem, lodging, and transportation. A Team that has entered into one or more Training Camp Contracts must terminate such Contracts no later than the day prior to the first day of a Regular Season, except to the extent the Team has Room for such Contracts. Notwithstanding anything to the contrary herein, Qualifying Offers and Rookie Tenders that, if signed by the player would become Training Camp Contracts, shall not be included in Team Salary from January December 1 until the day prior to the first day of the next Regular Season.

Appears in 1 contract

Samples: Agreement (

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