The Designated Player Rule, nicknamed the Beckham Rule, was adopted as part of the salary cap regulations of Major League Soccer for the 2007 season. The rule allows each MLS franchise to sign players that would be considered outside of the team's salary cap (either by offering the player higher wages or by paying a transfer fee for the player), allowing MLS teams to compete for star players in the international soccer market.
Read more about Designated Player Rule: History, Background, Current Designated Players, Past Designated Players, Most Designated Players Per Country
Famous quotes containing the words designated, player and/or rule:
“The values to which the conservative appeals are inevitably caricatured by the individuals designated to put them into practice.”
—Harold Rosenberg (1906–1978)
“If God had an agent, the world wouldn’t be built yet. It’d only be about Thursday.”
—Jerry Reynolds, Sacramento Kings’ player personnel director. Quoted in Newsweek (New York, November 25, 1991)
“There is no rule more invariable than that we are paid for our suspicions by finding what we suspected.”
—Henry David Thoreau (1817–1862)