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reserve clause

NOUN
  1. a clause that used to be part of the contract with a professional athlete extending the contract for a year beyond its expiration
    the reserve clause was used to bind players to a particular ball club

How To Use reserve clause In A Sentence

  • the reserve clause was used to bind players to a particular ball club
  • The classic example of a monopsonistic labor market is Major League Baseball under the reserve clause; the explosion of player salaries following the introduction of free agency is an indication of how artificially depressed those salaries were under the extreme monopsony that previously prevailed. Archive 2008-05-01
  • A test case based upon the reserve clause was taken to the new arbitrator. Times, Sunday Times
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