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Exam (elaborations)

NBA CBA Exam with Complete Solutions

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NBA CBA Exam with Complete Solutions

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NBA CBA Exam with Complete Solutions

Salary cap - ANSWER-limit on the amount teams can spend on player contracts

Soft cap - ANSWER-type of salary cap that can be exceeded in certain circumstances
to allow teams to retain their own players

Hard cap - ANSWER-type of salary cap that cannot be exceeded for any reason

Collective Bargaining Agreement (CBA) - ANSWER-legal contract between the league
and players association that sets up the rules by which the league operates

Examples of what is included in the CBA - ANSWER-1. Salary cap information

2. Minimum & maximum salaries

3. Draft procedures

4. Rules for trades

Basketball Related Income (BRI) - ANSWER-Includes any income related to basketball
operations received by the NBA or its subsidiaries

(Also includes income from businesses in which the league or a team has an ownership
stake of at least 50%)

Examples of what is included in BRI - ANSWER-1. Ticket sales

2. Concession sales

3. Parking

4. Broadcast rights

Examples of what is NOT included in BRI - ANSWER-1. Fines

2. Interest income

3. Sale of assets

4. Revenue sharing

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