Salary Cap. The Salary Cap for a League Year shall be the Player Cost Amount for that League Year less Projected Benefits for that League Year, divided by the number of Clubs in the League in that League Year, adjusted by any applicable True Up, provided further that there shall be no True-Up related to the 2011 League Year, and there shall be no “negative” True Up related to either the 2012 or 2013 League Year.
Appears in 4 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
Salary Cap. The Salary Cap for a League Year shall be the Player Cost Amount for that League Year less Projected Proj ected Benefits for that League Year, divided by the number of Clubs in the League in that League Year, adjusted by any applicable True Up, provided further that there shall be no True-Up related to the 2011 League Year, and there shall be no “"negative” " True Up related to either the 2012 or 2013 League Year.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
Salary Cap. The Salary Cap for a League Year shall be the Player Cost Amount for that League Year less Projected Benefits for that League Year, divided by the number of Clubs in the League in that League Year, adjusted by any applicable True Up, provided further that there shall be no True-Up related to the 2011 League Year, and there shall be no “"negative” " True Up related to either the 2012 or 2013 League Year.
Appears in 2 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement
