Live broadcast, July 11 news according to previous reports, 0.12 billion of Owen’s new three-year contract with Lone Ranger is guaranteed, and the remaining 6 million dollars are linked to number of matches played and team performance.
According to the Michael Scotto report, alliance sources revealed that Owen’s contract included 15% of the transaction margin.
The English name of the transaction margin is trade kicker, which is a clause in the labor agreement. When a player signs a contract with his favorite team, he can ask to add a trading margin clause to the contract. In this way, Yogueta can be traded by the team during the contract period and get an extra compensation. This clause is beneficial to players, so many players will try their best to get it when signing contracts, which is the case for Owen.
The amount of trading margin is determined through negotiation between the players and the team when signing the contract. It can be a specific number or a proportion. Owen’s situation belongs to the latter. However, the transaction margin cannot exceed 15% of the total remaining contract amount at most.
When it is worth mentioning, when calculating the transaction guarantee, the salary of the option year (both player options and team options are included) and the unguaranteed salary will not be counted.
A player transaction involves two teams, so when a player with a trading margin clause in the contract is traded, which side will pay the trading margin? According to the provisions of the labor agreement, the money will be paid by the team that sent out the players. In basketable nets February this year, Owen was sent to the Lone Ranger. Because Owen’s contract had a margin clause, he was compensated for $2 million basketable nets after completing the transaction.
Related news: Owen 6 million incentive terms details: 2 million games each year, 65 games and 50 wins, each with 1 million
Salary Expert: Owen contract has 0.12 billion guaranteed remaining 6 million linked to the number of appearances & record
