Cryptocurrency Q&A What does NTC mean trade?

What does NTC mean trade?

BlockchainBaron BlockchainBaron Sun Nov 17 2024 | 5 answers 941
I'm trying to understand the meaning of NTC in the context of trade. Could someone explain what NTC stands for and how it's relevant in trading? What does NTC mean trade?

5 answers

BlockchainEmpiress BlockchainEmpiress Tue Nov 19 2024
The No Trade Clause (NTC) is a provision in a player's contract that restricts their ability to be traded without their consent.

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Andrea Andrea Mon Nov 18 2024
This clause gives the player a say in where they play, as they cannot be moved to a new team without their permission.

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HallyuHeroLegendaryStarShine HallyuHeroLegendaryStarShine Mon Nov 18 2024
On the other hand, the No Movement Clause (NMC) is a more stringent version of the NTC.

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CryptoGladiatorGuard CryptoGladiatorGuard Mon Nov 18 2024
It not only prevents a player from being traded without their consent but also stops them from being placed on waivers, which is a process where a team can attempt to terminate a player's contract.

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CryptoMagician CryptoMagician Mon Nov 18 2024
Both clauses are designed to protect the player's rights and ensure they have a say in their career path.

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