Economics 2125A/B Study Guide - Quiz Guide: Reserve Clause, Conditionality, Monopsony

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Document Summary

Baseball players initially liked the reserve clause because it meant they were one of the team"s stars. Nfl 1957: the us supreme court rules that football was interstate commerce and subject to anti-trust laws. Nfl was not allowed to use the reserve clause to reserve players. Nfl owners entered a gentleman"s agreement to not pursue each others players. This broke down in the 1960"s with the rozelle rule. The reserve clause in the nhl ended in 1972. The right of a player to sign with any team that offers him a contract. Nhl ufa at 27 or 7, age of 27 or after 7 years, and contract has expired. Nba ufa after 4 years if not a first round draft, or if first-round draft and team does not excersice right of first refusal. Nhl after 4 years if contract has expired. Nfl after 3 years experience, contract expired. Nba 1st round draft pick after 4 years.