Rookie Scale Contract definition

Rookie Scale Contract means the initial Uniform Player Contract entered into, in accordance with Article VIII, Section 1 or 2, between a First Round Pick and the Team that holds his draft rights.
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Examples of Rookie Scale Contract in a sentence

  • Notwithstanding the foregoing, any Rookie Scale Contract entered into from February 1 through the day prior to the first day of the next Regular Season shall be a Training Camp Contract.

  • A Team may enter into a Rookie Scale Contract in accordance with Article VIII.

  • Beginning with the 2018-19 Salary Cap Year, Salary Cap holds for players finishing the second option year of their Rookie Scale Contract will be 250%/300% of the player’s prior salary if the player’s prior salary is above/below the average player salary (increased from 200%/250% under the 2011 CBA).

  • If a Rookie Scale Contract with a Draft Rookie is entered into after the conclusion of the first Regular Season following the Draft in which such player was drafted, such Contract shall provide a Base Salary in each season as set forth in Article VIII for players drafted in the same draft position in the Draft immediately prior to the first Regular Season covered by such Contract.

  • With respect to an Extension of a Rookie Scale Contract, and‌ notwithstanding Section 3(c)(i) and 3(c)(ii) above, for each Season of such Player Contract after the first Season of the extended term, the player’s Salary may increase or decrease in relation to the previous Season’s Salary by no more than three percent (3%) of the Base Salary for the first Season of the extended term of the Contract.

  • If a Team and player enter into an Extension of a Rookie Scale Contract, the Contract may simultaneously be amended to provide for an ETO, provided that such ETO is exercisable only once and takes effect no earlier than the end of the fourth Season of the extended term of the Contract.

  • A First, Second or Third Round Pick who enters into a Rookie Scale Contract on or after the date of this Agreement may enter into an Extension of such Rookie Scale Contract during the period that commences on February 1 and continues through May 15 following the third Season covered by the Contract (provided that the Team exercised the Option Year provided in such Contract).

  • Notwithstanding the foregoing, any Rookie Scale Contract entered into from January 5 through the day prior to the first day of the next Regular Season shall be a Training Camp Contract.

  • A player whose contract (other than a Rookie Scale Contract) is a three- or four-year contract will be permitted to enter into a Veteran Extension no sooner than the second anniversary of the signing of the contract.

  • An Extension of a Rookie Scale Contract may provide for Salary in the first Season of the extended term no greater than the Maximum Player Salary provided for in Article V, Section 8 (or, if no Maximum Player Salary is provided for in Article V, Section 8, three percent (3%) above the Maximum Player Salary for the prior Season).

Related to Rookie Scale Contract

  • Sale Contract means a contract providing for the sale of one or more projects to one or more contracting parties and includes a contract providing for payment of the purchase price in one or more installments. If the sale contract permits title to the project to pass to the other contracting party or parties prior to payment in full of the entire purchase price, it shall also provide for the other contracting party or parties to deliver to the municipality or to the trustee under the indenture pursuant to which the bonds were issued one or more notes, debentures, bonds or other secured or unsecured debt obligations of such contracting party or parties providing for timely payments, including without limitation, interest thereon for the balance of the purchase price at or prior to the passage of such title.

  • CAISO Approved Meter means a CAISO approved revenue quality meter or meters, CAISO approved data processing gateway or remote intelligence gateway, telemetering equipment and data acquisition services sufficient for monitoring, recording and reporting, in real time, all electric energy produced by the Generating Facility less Station Use.

  • Service Contract means, with respect to a Financed Vehicle, the agreement, if any, financed under the related Receivable that provides for the repair of such Financed Vehicle.

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • Supply contract means a contract under which a lessor buys or leases goods to be leased.