AND COMPLETE ANSWERS
◉ The NBA shall impose a fine of ________upon any Team that
negotiates a Player Contract with an Agent or representative not
certified by the players association Answer: $50,000
◉ For purposes of negotiating the terms of a Uniform Player
Contract or otherwise dealing with a Team over any matter
"PLAYERS" are prohibited from...... Answer: A) representing other
current or prospective NBA Players as an Agent
B) holding an equity interest or position in a business entity that
represents other current or prospective NBA Players
◉ The Players Association agrees to provide the NBA League Office
with a list of all Agents certified under the Players Association's
Regulations Such list shall be updated....... Answer: once every "two
weeks" from the day after the NBA Finals to the first day of the next
Regular Season.... Then updated "once every month"
◉ No person other than a Player representing himself shall be
permitted to conduct contract negotiations assist or advise with
NBA Teams unless he...... Answer: is a currently certified as a Player
Agent and has a current Standard Player Agent Contract signed with
the Player
,◉ a Player Agent must negotiate and execute a contract for a Player
with an NBA Team at least once during a period of........ Answer: 5
years
◉ For any Player Agent certified the five year period will begin on
Answer: July 1 (2016)
◉ Pay the annual Agent fees no later than______ every year for the
upcoming season Answer: July 1
◉ Its the Players Agent's responsibility to provide the NBPA with a
copy via email of any fully executed SPAC within what time frame ?
Answer: 48 hours
◉ A Players Agent must provide a copy to the NBPA of each player
who he represents on or before.... Answer: April 1
◉ A player cant resign with another player agent after how many
days ? Answer: 15 days
◉ If the Player Agent negotiates a Player contract whereby the
Player receives only the " MINIMUM" compensation NBA fseason.
The Player Agent shall receive no greater of a fee of ? Answer: 2% ,
unless player agent has agreed to a lesser percentage
,◉ If a Player signs a 3 year player contract whereby the
compensation in Year 1 is in excess of his applicable minimum
compensation and the compensation in Years 2 and 3 is only his
applicable minimum compensation then the Player Agent may
charge a fee of ? Answer: Player Agent may charge a fee of no greater
than 4 % on Year 1 .... and 2 % on Years 2 and 3
◉ If the Player Agent negotiates a contract whereby the
compensation the individual Player receives is in "EXCESS" (more
than) of the minimum compensation for one or more playing
seasons the Player Agent shall receive no greater than a fee of ....?
Answer: 4% unless the and agent have agreed to a lesser percentage.
◉ " Rookie Scale " the Player Agent shall receive , no greater than a
fee of ______ of the compensation in excess of the 80 % that is
guaranteed under the Rookie Scale ? Answer: 4 %
◉ What happens when a player does not withdrawal from the draft
in required time ? Answer: Lose NCAA eligibility
◉ TRUE OR FALSE.
If a player is drafted and cut they still maintain NCAA eligibility.
Answer: FALSE they lose NCAA eligibility
, ◉ What happens if a player is represented by a non NCAA certified
agent ? Answer: He may lose eligibility
◉ What is a Team option ? Answer: option clause that allows the
team to extend the players contract another year .....FIRST round
draft pick are the only contracts with 2 consecutive team options.
◉ What is a Cap hold ? Answer: a hold in a teams salary cap for
players salaries that are expected to be owed
◉ Rookie Exception Answer: exception used to sign first round draft
picks regardless of salary cap
◉ Unrestricted Free Agent Answer: free agent that is free to sign
with any team without restriction
◉ No player shall be eligible for selection in more than ______NBA
Drafts ? Answer: 2
◉ The athlete has to be at least ____years of age during the calendar
year in which the Draft is held ? Answer: 19
◉ How many NBA seasons has to elapse since the player's
graduation from high school to be eligible for the draft ? Answer: 1