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The rookie contract can be signed with the MVP and the contract can be signed with the maximum salary.
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Concept: The Rose clause is a new clause in the NBA's new collective bargaining agreement, which stipulates that only players who have been elected MVP during their rookie contract, or have been selected twice as a starter in the All-Star draft, or have been selected to the All-Star Team twice (regardless of team) are eligible to use the "Rose Clause" to get a big contract.
The "Rose Clause" is when a player signs his second career contract after completing his rookie contract and gets a max salary of 30% of the team's salary cap (a 5% increase from the old contract). But there is a strict barrier to entry: Voted MVP in the first four years of his rookie contract, or made to the starting team twice in the All-Star Game, or named to the All-Star Team twice.
Origin of the name: At the time, Rose was the only one in the NBA who met this condition, so this provision of the new agreement was known as the "Rose Clause".
Facts: On December 20, 2011, Kevin Durant became the first beneficiary of the "Ross Clause";
On January 26, 2013, Blake Griffin was named to the All-Star starting team for the second consecutive year, which also made the "Derrick Rose clause" in his contract activated.
In June 2014, Pacers guard Paul George was named to the Third Team of the Year for the second year in a row, and George's contract extension will be rewarded with an additional $7 million.
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Legal Analysis: The Rose clause means that a player who completes his rookie contract will receive a salary cap of 30 percent of the team's salary cap (a 5 increase from the old contract) when he signs his second career contract. However, this clause has a high barrier to entry:
He was named MVP once in the four years before Lee's rookie contract, or was named to the starting team twice in the All-Star Game, or was selected to the All-Star Team twice. Currently, Ross is the only one in the NBA who meets this condition, so this provision of the new agreement is known as the Ross clause.
Legal basis: Civil Code of the People's Republic of China
Article 562:The parties may terminate the contract if they reach a consensus through consultation. The parties may agree on the grounds for one party to terminate the contract. The person who has the right to terminate the contract may terminate the contract if the cause of termination occurs.
Article 563:The parties may terminate the contract under any of the following circumstances: (1) the purpose of the contract cannot be achieved due to force majeure; (2) Before the expiration of the performance period, one of the parties clearly indicates or shows by its own conduct that it will not perform the main debt; (3) One of the parties delays the performance of the main hardship obligation, and fails to perform it within a reasonable period of time after being reminded; (4) One of the parties delays the performance of its obligations or has other breaches of contract, resulting in the inability to achieve the purpose of the contract; (5) Other circumstances provided for by law. In the case of an indefinite contract with the content of a continuously performed debt, the parties may terminate the contract at any time, provided that they notify the other party before a reasonable period of time.
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Legal Analysis: The Rose clause refers to a player who signs his second career contract with a maximum salary cap of 30 percent (a 5 increase from the old contract) after executing his rookie contract. However, this clause has a high barrier to entry:
He was named MVP once in the four years before his rookie contract, or was named to the starting team twice in the All-Star Game, or was named to the All-Star Team twice. Currently, Ross is the only one in the NBA who meets this condition, so this provision of the new agreement is known as the Ross clause by the shrouds.
Legal basis: Civil Code of the People's Republic of China
Article 562:The parties may terminate the contract if they reach a consensus through consultation. The parties may agree on the grounds for one party to terminate the contract. The person who has the right to terminate the contract may terminate the contract if the cause of termination occurs.
Article 563:The parties may terminate the contract under any of the following circumstances: (1) the purpose of the contract cannot be achieved due to force majeure; (2) Before the expiration of the performance period, one of the parties clearly indicates or shows by its own conduct that it will not perform the main debt; (3) One of the parties delays the performance of the main debt and fails to perform it within a reasonable period of time after being reminded; (4) One of the parties delays the performance of its obligations or has other breaches of contract, resulting in the inability to achieve the purpose of the contract; (5) Other circumstances provided for by law. In the case of an indefinite contract with the content of a continuously performed debt, the parties may terminate the contract at the time of collapse, but shall notify the other party before a reasonable period of time.
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The Rose Clause is a new clause in the CopyNBA's new collective bargaining agreement, which stipulates that only players who have been elected MVP during their rookie contract, or have been selected twice as a starter in the All-Star draft, or have been selected to the All-Star Team twice, are eligible for a big contract using the "Rose Clause". The Rose clause is when a player signs his second career contract after executing his rookie contract, earning a contract capped at 30% of the team's salary cap. However, this clause has a very strict entry threshold, which is > p
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The "Rose Clause" refers to a player who completes his rookie contract and gets a salary cap of 30 percent of the team's salary cap (a 5 increase from the old contract) when he signs the second contract of his career.
But the clause has a high barrier to entry: one MVP election in the first four years of his rookie contract, or two All-Star Game selections, or two All-Star All-Star selections.
Currently, Ross is the only one in the NBA who meets this condition, so this provision of the new agreement is known as the Ross clause.
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