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Language.

The parameters of those contracts are collectively bargained by the players union with the league. And the terms of those contracts are negotiated with the teams by the agent representing the player. If a player doesn't agree with the language in a contract he should get a better agent and get...

Exactly! They own the franchise not the employees. The players and anyone that works for the Franchise are just employees. No ownership of people is implied. That should be obvious and no further explanation needed. If I own a McDonald's franchise....I'm the owner of that franchise....when...