The term 'purchase a player's minor league contract' comes from the days before the major league teams controlled the minor league teams.
Minor league teams used to be independent entities that had no affliation with a major league team. They negotiated their player's contracts and paid their salaries. The players were employees of the minor league team. If a major league team wanted a player from the minors to be on their team they would have to negotiate a purchase price with the minor league team's owner.
Today, even though they play in the minors, a minor leaguer is an employee of the major league team. The major league team negotiates the minor leaguer's contract and pays their salary. The minor league team owner pays team expenses. If a major league team wants a minor leaguer in their system to come up to their team, they simply tell the minor league owner that they are going to 'call up' the player. That player will be replaced by another player in the system.
So the term 'purchase the contract' is not really accurate in today's game.
Honestly, I don't understand why the word 'purchase' is used because the major league club pays the salaries of all their minor league players. It would seem to me instead of saying 'purchased the minor league contract' they would say 'signed to a major league contract'. Regardless, this is done because a minor league contract would not be valid in the major leagues. First of all the player will be paid more for being in the majors so that is one consideration. Second, there is a reserve clause in minor league contracts that states that the team 'reserves the rights' to the player's services after the season ends. The reserve clause is invalid in major league contracts. So the minor league contract becomes null and void and the player signs a new contract to play in the majors.
You sign a "split contract"
A baseball player's salary will not change from the Majors to the Minors if he has a Major League contract. There are minor league contracts for those players.
Arizona Diamondbacks minor league players was born on 1983-05-20.
Philadelphia Phillies minor league players was born on 1990-07-19.
Minnesota Twins minor league players was born on 1985-05-31.
Pittsburgh Pirates minor league players was born on 1989-09-16.
Atlanta Braves minor league players was born on 1984-01-14.
Chicago Cubs minor league players was born on 1985-05-15.
Milwaukee Brewers minor league players was born on 1981-06-22.
Seattle Mariners minor league players was born on 1987-04-07.
A form signed to play minor league ball before entering the major league level.
None. There have been 13 affiliated minor league players and 4 unaffiliated minor league players to come from GSU.
New York Yankees minor league players was born on 1989-02-11.
San Diego Padres minor league players was born on 1990-03-04.
Los Angeles Dodgers minor league players was born on 1986-07-24.
St. Louis Cardinals minor league players was born on 1987-09-28.
A signing bonus can be worth anything. This is money that is given to the player when he signs the contract and does not count towards any salary cap the league would have. Minor League players generally do not have large signing bonuses unless they are top draft picks --- Tigersy2k3
A contract which pays the same regardless of whether the player is assigned to the NHL team or to the NHL team's minor league affiliates, as opposed to a "two way" contract which assigns different pay rates depending on whether the players is assigned to the NHL team or to the NHL team's minor league affiliates.
A split contract is typically one that's signed by players who have prior major league experience and are signed to a minor league contract. Generally they are given an invitation to the major league clubs Spring Training. A split contract includes separate salary rates while they're in the minor leagues and while they are on the Major League club. The major league minimum salary is currently $400,000 for an 183 day season. If the player is assigned to the minor leagues at any point in the season he'll earn a daily rate of at least 60% of the total of his minor and major league salary from the previous season.
NHL Rosters currently are allowed to carry 23 active players, though they are permitted to have up to 50 players under contract (at various minor league) levels or on injured reserve.
Not sure what you mean here. Like the NHL, most players on minor league teams are Canadian. If you actually want to know which players are Canadian, I would suggest you go to the websites of the various minor leagues and check the team rosters. Go to NHL.com and follow the links there for the minor league circuits.
No. He must make the purchase through a legal guardian. A minor cannot enter a binding contract.