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2025-03-18
Split Tag Contract Feature
The Split Tag Contract feature simplifies your contract management by allowing you to split individual contracts into separate components. This gives you greater flexibility and control over your agreements.
Key Features
Easily split contracts into customizable sections
Manage components independently while maintaining overall contract integrity
Track changes and revisions for each contract segment
Simplified implementation in existing workflows
Enhanced collaboration among team members
Potential Use Cases and Benefits
Ideal for organizations handling multiple contract types simultaneously
Facilitates faster approvals by breaking down complex agreements
Improves clarity and understanding for all stakeholders
Supports audit trails by keeping detailed logs of changes
By using the Split Tag Contract feature, you can resolve issues related to cumbersome contract management. This feature helps you break down contracts into manageable parts, leading to quicker decision-making and a smoother workflow. Embrace this tool to enhance your contract handling efficiency.
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What is a split contract in baseball?
Definition. A split contract calls for a player to earn different salaries in the Majors Leagues and Minor Leagues. On player on a split contract would earn the pro-rated portion of his Major League salary for any time spent on the Major League roster.
What is a two-way contract in baseball?
A two-way contract is a professional sports contract which stipulates that an athlete's salary is dependent upon the league in which the athlete is assigned to play. As of the 201718 season, players earn $75,000 while they are in the G League and roughly $204,000 if they spend the maximum 45 days on an NBA roster.
How much do 2 way contracts pay?
NBA two-way players will earn $77,250, prorated for days spent on an NBA G League roster, and the NBA rookie minimum salary, prorated for the days with their NBA team, for maximum potential earnings of $385,000 next season. This season, 83 players across all 30 NBA teams signed two-way contracts.
How much is a 2 way contract in the NBA?
A two-way player earns 1/177 of the rookie minimum ($838,464) for each day served during the regular season (maximum of 45 days). If the calculator is correct, that comes out to $213,168.
What does a 2 way player mean?
Two-way player. In sports that require a player to play on offense and defense, such as basketball and ice hockey, a two-way player refers to a player who excels at both.
What is a 2 way basketball player?
A two-way basketball player is a player that is generally above average on offense and defense. Notable two-way players are Kathy Leonard, Paul George, Jimmy Butler, and Play Thompson.
What does it mean when a baseball team selects a contract?
Purchasing or selecting a contract: the player is added to the major league club's 40-man roster. Outfighting a player: the player is removed from the major league club's 40-man roster and is assigned outright to a minor league club (in order for the assignment to be completed the player must first clear waivers).
What does it mean when a baseball team options a player?
An option (optional assignment) allows a club to move a player on its 40-man roster to and from the minor leagues without exposing him to other teams.
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