Section 10.6 Team Salary Budget:
(a) For each year covered by this Agreement, MLS agrees that the per-Team Salary Budget shall be no less than the following:
2015: $3,490,000
2016: $3,660,000
2017: $3,845,000
2018: $4,035,000
2019: $4,240,000
(b) Calculation of a Player’s Salary Budget Charge: The League will determine, in its discretion, a Player’s Salary Budget Charge according to the following formula, provided, however, that MLS retains discretion to lower a Player’s Salary Budget Charge in individual cases:
1. taking the Player’s annualized base salary, multiplying it by 1.04;
2. adding to it any signing bonus paid or payable to the Player on a cash flow basis;
3. adding to it any readily achievable individual bonuses in the Player’s contract (calculated largely, but not solely, by reference to the Player’s performance in the previous year). For Players new to the League or who were injured the previous year, readily achievable bonuses shall be reasonably determined by MLS after consulting with the Union;
4. adding to it any housing and car allowance in the Player’s contract;
5. adding to it any loyalty bonus;
6. adding to it any additional compensation (including any roster bonus);
7. adding any marketing bonus (including footwear/gloves);
8. adding to it acquisition cost for loan/transfer;
9. adding to it cost of processing a visa or green card;
10. adding to it any fee payable to an agent or representative; and
11. adding to it any other costs involved as reasonably determined by MLS after consulting with the Union.