In managing player contracts, I always dreaded the week after the Pro Bowl.
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That share is used to compute the salary cap, which teams use, in turn, to negotiate individual player contracts.
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The players lost an important arbitration during that lockout which decided guarantees in player contracts did not have to be paid during a lockout.
After this week, Hambrecht and the rest of the owners will fight any claim that they be held personally liable for breach of UFL player contracts.
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Player contracts and payment structures are still in the works.
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Brandt, a FORBES SportsMoney contributor who spent nine years with the Packers as vice president in charge of player contracts, recalls a meeting with representatives of the Arena Football League.
Speaking on a conference call Tuesday, club executives urged investors to avoid focusing on individual quarterly comparisons, which could vary based on the squad's performance and the timing of player contracts.
Several responses are in order: First, while the contracts have, in fact, been registered, their structure has not escaped League notice: those SPCs (standard player contracts) are being investigated currently with at least the possibility of a subsequent withdrawal of the registration.
They believe they are the reason that the fans flock to games and that CBS, NBC, Fox and ESPN pony up billions to broadcast the NFL. The NFL is, of course, the major American team sport that does not guarantee player contracts.
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Owner Mikhail Prokhorov, who committed hundreds of millions on player contracts last summer expecting a longtime loser in New Jersey to win big in Brooklyn, came on the court to thank fans for their passion and support, telling them that this playoff appearance was only the beginning.
On the flipside, the Cleveland Indians, Houston Astros, Kansas City Royals, Oakland Athletics, Pittsburgh Pirates, San Diego Padres and Tampa Bay Rays have less than 50% of 2009 revenue locked up in player contracts through 2011 and therefore have lots of room to sign some expensive talent.
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Oklahoma City in particular has several talented youngsters around franchise player Kevin Durant whose contracts expire over the next two years.
Bettman insists that the league needs to run under a more rigid salary cap, and make sure there are no signing bonuses or back-loaded contracts to player salaries.
Morgan, England's highest rated one-day player, is one of six players with incremental contracts.
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But such contracts still require a sacrifice from a star player.
It works both ways of course - why should a manager be able to walk out of his contract to go to another club when a player cannot - but the whole problem is that the contracts that managers sign are not worth the paper they are written on.
Mutual fund giants like Fidelity Investments handle their own back-office work, but DST is by far the biggest player in the other 60% of the fund industry that contracts out.
So they sign players to contracts that defer payment of a big chunk of the player's salary.
Each player will make 8-figure salaries from next season until their respective contracts expire.
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He added that the club are "content with its position regarding first-team squad contracts" and that there is no risk of a senior player leaving on a free transfer in January or the summer.
Incremental contracts are awarded on a points basis, with 20 points needed for a player to earn a deal.
In Spain all professional players have a "buy-out clause" written into their contracts and can move without their club's agreement, though in practice the player's new club pays that sum.
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