Options and Non-Contract Contracts: Explaining Motorsport’s Silliest Silly Season
By Kerri Cebula, JD
In sports with a collective bargaining agreement, the rules for negotiating a player contract are clear. There is a proscribed time for negotiations and a date when contracts can be signed. The uniform player contract, negotiated as part of the agreement, is generally available to the public either through a Player’s Association or a leak. When a player signs with a team, the length of the contract and the player’s salary are generally released.