Clipping:The reserve raises the value of a player's sale

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19C Clippings
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Date Wednesday, July 20, 1887
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[from Ward's resume of the history of the reserve rule] [discussing the sale of players] If the buying club received a claim for the remaining term of the player's contract only, the price would be regulated accordingly and the deal perfectly legitimate. But a fictitious value was always given, because the buying club bought not only the player's services for the unexpired term of his contract, but the right to reserve or sell him again. It is not, then, the ordinary assignment of a legal contract claim for future service which makes the price, but the anticipated operation of the reserve rule. The rule is, therefore, being used not as a means of retaining the services of a player, but for increasing his value for the purpose of sale. This is a clear perversion of the original intent of the rule. The assertion of any such claim at the time of its adoption would have killed it then and there. The clubs claimed that the right to retain the services of a valuable player was necessary for the conservation of the game, and with that understanding the players tacitly acquiesced in the seizure. They never received any consideration for the concession; and when the Chicago Club sells Kelly for $10,000 it simply makes that sum out of Kelly, for which it has never given him the slightest consideration.

Source Sporting Life
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Submitted by Richard Hershberger
Origin Initial Hershberger Clippings

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