| 12.1 |
Division
of Game Receipts. |
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The
home club will retain sixty percent (60%) of.the gross
receipts from each regular season game, and must pay to
the visiting club forty percent (40%) of the gross
receipts, determined after deduction of all federal,
State and municipal taxes assessed on the sale of
tickets, plus any other special charges approved on an
individual club basis by the Commissioner, and a stadium
rental allowance equal to fifteen percent (15%) of the
gross receipts determined after deducting the taxes and
other approved special charges. The term
"gross receipts", as used in this Section,
means all receipts derived from the sale of tickets,
including taxes and special charges but excluding ticket
handling charges. Receipts of the home club from the
sale of season tickets shall be included in gross
receipts from each game equally in proportion to the
number of regular season games scheduled by the
club. The members may adopt a different system for
the division of gate receipts only upon the affirmative
vote of three-fourths (3/4) of the member clubs of the
League. |
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| 12.2 |
Method
of Payment. |
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Payment
of the visiting club's share of gross receipts must be
made by wiring to the account of the visiting club good
and useful funds not later than the second business day
next succeeding the day on which the game was
played. The Commissioner wall require
an.accounting of any visiting club's share under this
section upon the request and at the expense of the club
making the request. |
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| 12.3 |
By-Law
Provisions Relating to Game Conduct. |
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All
matters relating to the conduct of regular season games
not specifically set forth in this Constitution will be
in accordance with the applicable provisions of the
By-Laws. |
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| 12.4 |
Determination
of Gate Receipts - Championship Games. |
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All
revenues and receipts related to League play-off and
post-season games must be deposited in the League
Treasury. From these proceeds, the League
will pay all federal, state, and municipal taxes,
stadium rental (determined by the Commissioner unless
the rental is payable to a person not affiliated with a
member) and all other expenses involved in the staging
of these games, including authorized half-time
entertainment, visiting team travel, and game official
expenses. The remaining balance of the game
receipts shall be distributed in accordance with the
formula fixed by the resolution most recently adopted at
the last preceding Annual Meeting of the Members. |
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| 12.5 |
Spring
Season. |
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All
League games must be played between February 15th and
July 31st of each year. |
