A professional baseball player contract is often a guaranteed contract, meaning that a team must pay the salary of the player for the term specified, even if the player is cut from the team. In other cases, a baseball player contract may specify a monetary fee to be paid by the team if the player gets cut. If the player stays with the team, that player will receive an annual salary in the amount specified in his contract. Bonus incentives for good performance are common in a baseball player contract, allowing a player to make more money. Fines may also be imposed against players who violate rules. Signing bonuses are also common in a baseball player contract. A signing bonus is paid to a player when he signs a baseball contract. Signing bonuses are often very large sums of money, and are often used in order to persuade a player to accept the terms of a baseball contract.