Reserve Clause (Noun)
Meaning
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".
Classification
Nouns denoting communicative processes and contents.
Examples
- The reserve clause was a contentious issue in the world of professional sports, with many players feeling it restricted their freedom to negotiate with other teams.
- The team invoked the reserve clause to keep their star player from becoming a free agent and signing with a rival team.
- The reserve clause was used to bind players to a particular ball club, preventing them from seeking better deals elsewhere.
- In 1975, the reserve clause was effectively abolished, giving players more control over their careers and allowing them to negotiate with other teams.
- The abolition of the reserve clause led to a significant increase in player salaries, as teams were forced to compete with each other to sign top talent.