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.
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 (19061978)
“The chess-board is the world; the pieces are the phenomena of the universe; the rules of the game are what we call the laws of Nature. The player on the other side is hidden from us. We know that his play is always fair, just, and patient. But also we know, to our cost, that he never overlooks a mistake, or makes the smallest allowance for ignorance.”
—Thomas Henry Huxley (18251895)
“My reason, its true, controls my feelings, but whatever its authority, it doesnt rule them so much as tyrannize them.”
—Pierre Corneille (16061684)