Examples of League Year in a sentence
The Player Cost Amount for the 2011 League Year shall be $4,556,800,000 ($142.4 million per Club) (i.e., the Player Cost Amount is “pegged”).
If the amount of actual Benefits for the 2011 League Year is determined to be greater than $704,800,000 ($22.025 million per Club), then the contribution to the Player Annuity Plan or such other Benefits as determined by the NFLPA for the 2011 League Year shall be reduced by the difference so that the total Benefits cost for the 2011 League Year does not exceed $704,800,000.
The Salary Cap for the 2011 League Year shall be $120.375 million.
If a refund contingency occurs and money previously included as PSL revenue is refunded, the NFL shall receive a credit against AR (i.e., League-wide AR shall be reduced) in the amount of the refund the next League Year.
Repayment of Forfeitable Salary Allocations attributable to future League Years must be made by June 1st of each League Year for which each Forfeitable Salary Allocation is attributable.
Unless the parties agree otherwise, the 2011 League Year shall end no later than March 11, 2012.
Such revenues shall be allocated in equal portions, com- mencing in the League Year in which they are received, over the remaining life of the PSL, subject to a maximum allocation period of fifteen years; provided, however, that Interest from the League Year the revenues are received until the League Years the reve- nues are allocated into AR shall be imputed and included in AR, in equal portions over such periods.
The NFL Player Contract shall expire on the last day of the last League Year subject to such Contract.
For purposes of this Section, a “proportion- ate” amount means one-seventeenth of the Forfeitable Salary Allocations for that League Year for each regular season week missed.
For the avoidance of doubt, Benefits for the 2011 League Year do not and shall not include any Performance-Based Pay Pool (be- cause there is no Pool for the 2011 League Year), nor any of the NFLPA’s required allocation to the Legacy Benefit as described in Subsection 2(a)(i)(xx) above (because the NFLPA may not allocate to the 2011 League Year), nor any of the Rookie Redistribution Fund referenced in Subsection 2(a)(i)(xix) above (because there is no such Fund for the 2011 League Year).