(iv) An SPC with a term of greater than seven (7) years, provided, however, that a Club may sign a Player to an SPC with a term of up to eight (8) years if that Player was on such Club’s Reserve List as of and since the most recent Trade Deadline. With respect to potential Unrestricted Free Agents only, the ability to re-sign a Player to an SPC of eight (8) years expires when the Player becomes an Unrestricted Free Agent. With respect to a Player who becomes a Group 2 Restricted Free Agent, a Club may sign such Player to an SPC with a term of up to eight (8) years provided such Player was on such Club’s Reserve List and/or Restricted Free Agent List as of and since the most recent Trade Deadline.
The Memo of Understanding, signed in 2020, that extended the current CBA, amended this rule in one particular way:
The Memo of Understanding, signed in 2020, that extended the current CBA, amended this rule in one particular way:
CBA §50.8(b)(iv) shall be amended to provide that when a Club acquires a Player who is signed through the subsequent Trade Deadline, it can immediately sign him to an 8-year SPC without waiting until the subsequent Trade Deadline if otherwise permitted to do so under Section 50.5(f)