No-trade clause

No-trade clause

A no-trade clause is an amendment to a contract, usually relevant in American professional sports, wherein a player may not be traded to another club. Sometimes this clause is implemented by the club itself, but the vast majority are requested by the athlete and his or her sports agent. In many cases, these no-trade clauses are limited, where a club may be limited to trading the athlete only at certain times, or only to a certain team or geographical area. Often they are waived by the player themselves, usually in order to play for a contending team. In one dramatic case in 2001, Tampa Bay Devil Rays first baseman Fred McGriff mulled over waiving his rights for nearly a month before ultimately accepting a deal which sent him to the Chicago Cubs. [ [http://espn.go.com/mlb/news/2001/0710/1224578.html "McGriff deal in 'holding pattern'"] espn.com] In 2007, Kobe Bryant was willing to waive his own rights with the Los Angeles Lakers in order to be dealt to either the Phoenix Suns or the Chicago Bulls, but in this case Bryant's own pickiness as far as where he would like to play limited the Lakers' ability to move him and eventually no trade was made at all. [Marc Stein. [http://sports.espn.go.com/nba/columns/story?columnist=stein_marc&page=KobeTradeRequest-070530 "Kobe's trade request raises big questions. Here are some answers"] ESPN.com 2007-05-07]

No-trade clauses are found in most sports, including Major League Baseball, the National Football League, the National Basketball Association, the National Hockey League, Major League Soccer, and some minor leagues around the country. Many European leagues, mostly professional futbol and basketball, also implement these contract amendments.

Each league usually has its own rules regarding these clauses; for example in the NBA, because of the agreement with the minor-league CBA, no-trade clauses can only be negotiated into contracts when a player has four years of service for the team he's signing the contract with. [Tom Ziller. [http://sports.aol.com/fanhouse/2007/05/30/how-kobes-no-trade-clause-affects-things/ "How Kobe's No-Trade Clause Affects Things"] aol.com 2007-05-30] Other leagues have other varying rules, for example in MLB the "Ten and Five" rule gives most every player limited control on his tradability once he meets the ten and five criteria, which means the player has played in the league ten seasons and with the current team for at least five. In the NHL, these rights have been blamed for the lack of trades that have been pulled off in recent years, with critics citing examples where "done deals" were blown up by "selfish players."Fact|date=May 2008

References


Wikimedia Foundation. 2010.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • no-trade clause — noun A clause in a contract by baseball players who dont wish to be traded without their consent …   Wiktionary

  • Trade (sports) — In professional sports, a trade is a sports league transaction involving an exchange of players contracts and/or draft picks between teams. Cash is another commodity that may be packaged together with contracts and/or draft picks to complete a… …   Wikipedia

  • Clause IV — historically refers to part of the 1918 text of the British Labour Party constitution which set out the aims and values of the party. Before its revision in 1995, its application was the subject of considerable dispute. Contents 1 Text 2… …   Wikipedia

  • Clause De Non-concurrence — Une clause de non concurrence peut être insérée dans un contrat de travail afin d éviter, à la fin de la relation contractuelle, que le salarié ne concurrence son ancien employeur. Elle peut se révéler utile par exemple pour l employeur soucieux… …   Wikipédia en Français

  • Clause de non concurrence — Une clause de non concurrence peut être insérée dans un contrat de travail afin d éviter, à la fin de la relation contractuelle, que le salarié ne concurrence son ancien employeur. Elle peut se révéler utile par exemple pour l employeur soucieux… …   Wikipédia en Français

  • clause paramount — In admiralty law (See admiralty and maritime law), a statement required by federal law to be included in any bill of lading, which evinces a contract for the transportation of goods by sea from U.S. ports in foreign trade. Dictionary from West s… …   Law dictionary

  • trade secrets — A contract will commonly contain a clause forbidding disclosure of trade secrets and confidential information to third parties during and after the contract. It will also often require company materials to be kept secure and returned (with any… …   Law dictionary

  • trade agreement — Any contractual arrangement between states concerning their trade relations. Trade agreements may be bilateral or multilateral, that is, between two states or more than two. For most countries international trade is regulated by unilateral… …   Universalium

  • Trade and Commerce — In Canadian constitutional law, section 91(2) of the Constitution Act, 1867 provides the federal government with the authority to legislate on matters related to the regulation of Trade and Commerce. This power is generally balanced against the… …   Wikipedia

  • Clause de non-concurrence — Une clause de non concurrence peut être insérée dans un contrat de travail afin d éviter, à la fin de la relation contractuelle, que le salarié ne concurrence son ancien employeur. Elle peut se révéler utile par exemple pour l employeur soucieux… …   Wikipédia en Français

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”