Designated Player. A Player who is in the status of a “designated player” under Major League Rule 2(k) shall, during the period he is in such status, be (1) paid at the rate of his Major League salary and (2) credited with Major League service. A Club that desires to unconditionally release a Player who is in the status of a “designated player” under Major League Rule 2(k) shall request the necessary waivers by 2 P.M. on the eighth day following such designation; provided, however, that if the eighth day falls on a non-business day, the Club shall request such waivers not later than 2 P.M. on the next business day.
Appears in 2 contracts
Sources: Basic Agreement, Basic Agreement
Designated Player. A Player who is in the status of a “"designated player” " under Major League Rule 2(k) shall, during the period he is in such status, be
(1) paid at the rate of his Major League salary and
(2) credited with Major League service. A Club that desires to unconditionally release a Player who is in the status of a “"designated player” " under Major League Rule 2(k) shall request the necessary waivers by 2 2:00 P.M. on the eighth seventh day following such designation; provided, however, that if the eighth seventh day falls on a non-business day, the Club shall request such waivers not later than 2 2:00 P.M. on the next business day.
Appears in 1 contract
Sources: Basic Agreement (Cleveland Indians Baseball Co Inc)
Designated Player. A Player who is in the status of a “designated player” under Major League Rule 2(k) shall, during the period he is in such status, be
(1) paid at the rate of his Major League salary and
(2) credited with Major League service. A Club that desires to unconditionally release a Player who is in the status of a “designated player” under Major League Rule 2(k) shall request the necessary waivers by 2 2:00 P.M. on the eighth seventh day following such designation; provided, however, that if the eighth seventh day falls on a non-non- business day, the Club shall request such waivers not later than 2 2:00 P.M. on the next business day.
Appears in 1 contract
Sources: Basic Agreement