reserve clause

reserve clause

n.

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.

Thesaurus

Noun

1.

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