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)
“After all, the practical reason why, when the power is once in the hands of the people, a majority are permitted, and for a long period continue, to rule is not because they are most likely to be in the right, nor because this seems fairest to the minority, but because they are physically the strongest. But a government in which the majority rule in all cases cannot be based on justice, even as far as men understand it.”
—Henry David Thoreau (1817–1862)