reserve clause

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reserve clause

A clause formerly included in the contract of a professional athlete that allowed the automatic extension of the contract for a year beyond its expiration, thus binding the player to the organization until release, retirement, or a trade.

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Noun

reserve clause - a clause that used to be part of the contract with a professional athlete extending the contract for a year beyond its expiration; "the reserve clause was used to bind players to a particular ball club"

clause, article - a separate section of a legal document (as a statute or contract or will)

contract - a binding agreement between two or more persons that is enforceable by law

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article clause contract			In Major League Baseball (MLB), for example, most players with three or less years of experience are subject to the reserve clause which allows owners to unilaterally determine their salaries. The underpayment of restricted players in North American sports ... by Krautmann, Anthony C.; von Allmen, Peter; Berri, David / International Journal of Sport Finance He is playing under a contract that resembles the old reserve clause days. Varitek, Wakefield likely to stay around by Telegram & Gazette (Worcester, MA) The Court noted baseball's antitrust exemption on the reserve clause matter of the past (analyzed in the ensuing section), but made a very fine distinction between acquiring an existing team and creating a new one. The US and EU systems of sport governance: commercialized v. ... by Kaburakis, Anastasios / The International Sports Law Journal			Reseminate Resend resent Resenter resentful resentfully Resentiment Resentingly Resentive resentment Reserate reserpine Reservance reservation reservation desk reservation number Reservative Reservatory reserve reserve account Reserve air reserve aircraft reserve assets reserve bank Reserve city reserve clause reserve component category Reserve Components reserve currency reserve fund Reserve Officers Training Corps reserve player reserve price reserve supplies reserve tank reserve team reserve tranche reserve-grade reserved reserved demolition target reserved list reserved obstacles reserved occupation reserved route reserved word reservedly Reservee Reserver reserves reservist reservoir			Reserve Bank of New Zealand Reserve Bank of South Africa Reserve Bank of Vanuatu Reserve Bank of Zimbabwe Reserve Bank Reserve Fund reserve banks reserve battery Reserve Battery, Fused-Electrolyte Reserve Best in Multi Breed Show Reserve Best in Show Reserve Best Puppy in Show Reserve Bilirubin Binding Capacity Reserve Billet Sequence Code Reserve Billet Training Requirements Reserve Binding Capability of Transcortin Reserve Books/Readings Reserve Brigade Australian Artillery Reserve buoyancy Reserve buoyancy Reserve Calibration reserve capacity reserve capacity Reserve Capital reserve cell reserve cell carcinoma Reserve city reserve clause Reserve Command Enlisted Advisor Reserve component Reserve Component Advisory Group Reserve Component Automation System Reserve Component Career Counselor reserve component category Reserve Component Civilian Acquired Skills Program Reserve Component Coordination Council Reserve Component Course Configuration Reserve Component Enlistment Enhancement Program Reserve Component Equipment Readiness Improvement Program Reserve Component Hospital Decrement Reserve Component Input System Reserve Component Multifunctional Combat Service Support Course Reserve Component National Security Issues Seminar Reserve Component National Security Seminar Reserve Component Non-Commissioned Officer Education System Reserve Component Payroll Support Office Reserve Component Preventive Health Assessment Reserve Component Reception Center Reserve Component Resource Priority List Reserve Component Site Reserve Component Special Forces Reserve Component Support and Integration Plan

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