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)
“The best chess-player in Christendom may be little more than the best player of chess; but proficiency in whist implies capacity for success in all these more important undertakings where mind struggles with mind.”
—Edgar Allan Poe (1809–1845)
“Moral qualities rule the world, but at short distances the senses are despotic.”
—Mrs. H. O. Ward (1824–1899)