Definitions for reserve clause
re·serve clause

Princeton's WordNetRate this definition:0.0 / 0 votes

1. reserve clausenoun

   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"

WikipediaRate this definition:0.0 / 0 votes

1. Reserve clause

   The reserve clause, in North American professional sports, was part of a player contract which stated that the rights to players were retained by the team upon the contract's expiration. Players under these contracts were not free to enter into another contract with another team. Once signed to a contract, players could, at the team's whim, be reassigned, traded, sold, or released. The only negotiating leverage of most players was to hold out at contract time and to refuse to play unless their conditions were met. Players were bound to negotiate a new contract to play another year for the same team or to ask to be released or traded. They had no freedom to change teams unless they were given an unconditional release. In the days of the reserve clause, that was the only way a player could be a free agent. Once common in sports, the clause was abolished in baseball in 1975. The reserve clause system has, for the most part, been replaced by free agency.

FreebaseRate this definition:0.0 / 0 votes

1. Reserve clause

   The reserve clause is a term formerly employed in North American professional sports contracts. The reserve clause, contained in all standard player contracts, stated that, upon the contract's expiration the rights to the player were to be retained by the team to which he had been signed. Practically, this meant that although both the player's obligation to play for the team as well as the team's obligation to pay the player were terminated, the player was not free to enter into another contract with another team. The player was bound to either negotiate a new contract to play another year for the same team or ask to be released or traded. Once common in sports, the clause was abolished in baseball in 1975, and other sports soon followed. The reserve clause system has, for the most part, been replaced by free agency.

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How to pronounce reserve clause?

1. Alex

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How to say reserve clause in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of reserve clause in Chaldean Numerology is: 4

2. Pythagorean Numerology

   The numerical value of reserve clause in Pythagorean Numerology is: 9