Two-way contract

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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]

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



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