Two-way contract

A two-way contract is a professional sports contract which stipulates that an athlete’s salary is dependent upon the league in which the athlete is assigned to play. This is opposed to a one-way contract that would pay the same salary regardless of where the athlete is assigned to play.[1]

Two-way contracts are common for professional ice hockey players who aspire to play in the National Hockey League (NHL).[2][3] Any hockey player entering the NHL for the first time will sign an entry-level, two-way contract with an NHL team stipulating that he will receive a higher salary if assigned to play with the NHL team, but will receive a lower salary if assigned to play for a team in the minor leagues such as the American Hockey League or the ECHL.[4]

Beginning in the 2017–18 season, the National Basketball Association added two-way contracts between NBA teams and their NBA G League affiliates.[5] Excluding time spent before and after the G League's season begins and ends, players on two-way contracts can spend up to 45 days in the NBA while spending the rest of the season in the G League.[6][7] As of the 2017–18 season, players earn $75,000 while they are in the G League and roughly $204,000 if they spend 45 days in the NBA.[7]

See also

References

  1. ↑ "Major league dreams are anything but cheap". The Augusta Chronicle. 2006-12-03. Retrieved 2010-12-01.
  2. ↑ Penguins sign F Craig to two-way contract - NHL.com - News
  3. ↑ Dawes signs 2-way contract with Thrashers - sportsnet.ca
  4. ↑ Brandon Segal placed on waivers - Sports News - The Dallas Morning News
  5. ↑ Dauster, Rob (April 27, 2017). "D-League salaries, two-way contracts increase NBA Draft early entries". NBCSports.com. Retrieved July 8, 2017.
  6. ↑ Kings sign Jack Cooley to two-way contract, report says
  7. 1 2 How the NBA's new 2-way contracts work and why some agents are worried about them
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