from The American Heritage® Dictionary of the English Language, 4th Edition
- n. A clause formerly included in the contract of a professional athlete that allowed the automatic extension of the contract for a year beyond its expiration, thus binding the player to the organization until release, retirement, or a trade.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. a clause that used to be part of the contract with a professional athlete extending the contract for a year beyond its expiration
Sorry, no etymologies found.
So, in 1975, Dave McNally of the Expos and Andy Messersmith of the Dodgers agreed to conduct a provocative experiment: Believing that the reserve clause allowed owners to renew their contracts for one year, butonly one year, the two decided they would play the 1975 season without signing contracts.