Veteran Player definition
Examples of Veteran Player in a sentence
A Player Contract entered into with a Veteran Player (either currently existing or entered into after the date of this Agreement) that does not contain a Time Off Bonus when signed may be amended to add one in accordance with the rules set forth below.
The player and Team may provide in a Designated Veteran Player Extension that the Salaries in any Seasons after the first Season of the extended term will be increased or decreased based on percentages specified by the parties that comply with Article VII, Section 5(c).
Any such Designated Veteran Player Extension shall be deemed amended on July 1 of the Salary Cap Year covering the first Season of the extended term to provide for specific Salaries for each Season of the extended term, based on the Maximum Annual Salary applicable to such player on such July 1.
In each League Year in which there is a Fund, the total amount of the Fund shall be distributed in a proportion to be determined by the NFLPA: (i) to offset against the portion of the Legacy Benefit that is allocated as a Player Benefit Cost in such League Year; (ii) to fund a Veteran Player performance-based compensation pool as agreed upon by the parties; or (iii) for any other new Benefit for current or retired players as agreed upon by the parties.
A Designated Veteran Player Extension entered into pursuant to this subsection may not include any Incentive Compensation.
A Veteran Player is a Player who has played at least one game (except where unavailable for an entire competition due to injury or at the direction of the NZRU) in the Premier Competition for the same Premier Competition Team (and/or its predecessor competition, the National Provincial Championship), in eight or more Contract Years.
In each League Year in which there is a Fund, the total amount of the Fund shall be distributed in a proportion to be determined by the NFLPA: (i) to offset against the portion of the Legacy Benefit that is allocated as a Player Benefit Cost in such League Year; (ii) to fund a Veteran Player performance-based compensation pool as agreed upon by the parties; or (ii) for any other new Benefit for current or retired players as agreed upon by the parties.
Designated Veteran Player Extensions can be signed no sooner than the third anniversary of the signing of the contract.
Designated Veteran Player Extensions can only be negotiated and signed during the off-season (i.e., from July 1 through the day prior to the first day of the regular season).
If Player is injured in the performance of services under this Contract after he is placed on the regular season Active Roster by any Team or is a Veteran Player (as defined by the Constitution), Player will receive the compensation set forth in Paragraph 12(b) herein for so long, during the season of injury only and for no subsequent period, as Player is physically unable to perform the services required of him by this Contract because of such injury.