Average Salary. (a) The average annual base Salary on each Team during the 2023-24 League Year (excluding any performance or incentive compensation under the CBA) shall be $55,000. (b) The average annual base Salary shall be increased in the 2024-25 League Year, and in every subsequent year of this Agreement, by three percent (3.0%). In the 2024-25 and subsequent years of this Agreement, the League shall endeavor to maintain the required average Salary on each Team, but there may be a variation in the Salary on a particular Team as compared to the average annual base Salary of up to ten percent (10%) due to Player movement and new signings. In all years of this Agreement, the average annual base Salary shall be maintained on a League-wide basis. (c) The Salaries of all Active Roster Players as of the Roster Compliance Date, including those injured Players who either have been replaced by Players on Short-Term SPAs or have not yet been replaced, but not those Players on Short-Term SPAs, shall count towards the total amount spent in determining the average Team Salary.
Appears in 2 contracts
Sources: Collective Bargaining Agreement, Collective Bargaining Agreement