Team Salary definition

Team Salary means, with respect to a Salary Cap Year, the sum of all Salaries attributable to a Team’s active and former players plus other amounts as computed in accordance with Article VII, less applicable credit amounts as computed in accordance with Article VII.
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Team Salary means the Team’s aggregate Salary for Salary Cap purposes, as calculated in accordance with the rules set forth in Article 13.
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Team Salary means the Team’s aggregate Salary for Salary Cap purposes, as cal- culated in accordance with the rules set forth in Article 13.
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Examples of Team Salary in a sentence

  • It is acknowledged that mileage stipends have been incorporated into the District Management Team Salary Schedule effective January 1, 2022, that covers travel to District colleges and District educational sites.

  • For purposes of calculating Team Salary, with respect to any Player Contract that is assigned, the assignee Team shall, upon assignment, have included in its Team Salary the entire Salary for the then-current Salary Cap Year and for all future Salary Cap Years.

  • STEP 1: Subtract from ten (10) the number of players included in Team Salary.

  • 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”).

  • A Team’s Team Salary may not exceed the Salary Cap at any time unless the Team is using one of the Exceptions set forth in Section 4 below.

  • 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.

  • 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.

  • The level used to calculate (pursuant to (c) and (d) below) the League-wide Guarantee and the Minimum Team Salary (the “Guarantee Level”) for the Salary Cap Year commencing on January 1, 2014 shall be eight hundred and fifty-seven thousand dollars ($857,000).

  • Amount of Salary Cap, League-wide Guarantee and Minimum Team Salary.

  • For Preexisting Contracts and Player Contracts entered into after July 25, 2011 and before the end of the 2011 League Year, any required signing bonus acceleration after the effective date of this Agreement and before the end of the 2011 League Year shall be charged to Team Salary for the 2012 League Year.