FRANCHISE PLAYER RULE IS RETIRED
Prior to the 1859 season, teams have been able to designated one (1) player as a
FRANCHISE PLAYER who is eligible to be retained under a lifetime contract and an uncapped salary against the team's salary cap.
Following the first day of the 1859 season, the rules for designated players under this provision will change.
The following (current) franchise players may play out under their current franchise contracts. Once they are released/renounced, their clubs can no longer exercise the old provisions of the franchise rule.
Quote:
Carlos Palacios (WAS)
Pedro Garcia (RIO)
Erik Doucet (WIN)
Steven Chowen (CGO)
Eusebio Salavisa (SDO)
Elvis O'Connor (CAR)
Don Hall (BKN)
Derek Campbell (MEM)
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Effective immediately (Feb 18, 1859) the franchise player rule is retired.