What does allocation money mean?
Definitions for allocation money
al·lo·ca·tion mon·ey
This dictionary definitions page includes all the possible meanings, example usage and translations of the word allocation money.
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Wikipedia
Allocation money
Allocation money, in Major League Soccer, represents an amount of money that teams may use to sign players and/or allocate to their salaries to get under the salary cap.
Wikidata
Allocation money
In Major League Soccer, an allocation represents an amount of money teams can use to sign players and/or allocate to their salaries to get under the salary cap. Allocations are given to teams for six reasons: ⁕Teams that have missed the playoffs the previous seasons ⁕Expansion teams in their first season ⁕Transferring a player to a foreign club for value ⁕Teams playing in the CONCACAF Champions League Group Stages or Knockout Round ⁕Teams can trade in 2 of their 10 "Off-Budget" roster spots for allocation money ⁕Teams that have yet to purchase a 3rd Designated Player Slot split the money paid by teams getting their 3rd slot as allocation money Allocation Money can be used in several ways: ⁕Reduce the amount of money that a non-Designated Player Rule Player costs against the Salary Cap down to the league minimum salary. ⁕Reduce the amount of money that a Designated Player Rule Player costs against the Salary Cap down from $350,000 to a minimum of $175,000. ⁕Change a player whose salary would get a Designated Player Rule Slot back into a normal salary slot.
Numerology
Chaldean Numerology
The numerical value of allocation money in Chaldean Numerology is: 3
Pythagorean Numerology
The numerical value of allocation money in Pythagorean Numerology is: 3
Translations for allocation money
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"allocation money." Definitions.net. STANDS4 LLC, 2024. Web. 11 May 2024. <https://www.definitions.net/definition/allocation+money>.
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