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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 Solution

Active List - ANSWER-means the list of players, maintained by the NBA, who have
signed Player Contracts with a Team and are otherwise eligible to participate in a
Regular Season game.

Agreement - ANSWER-means this Collective Bargaining Agreement entered into as of
January 19, 2017.

Audit Report or "final Audit Report" - ANSWER-means the audit report prepared in
accordance with Article VII, Section 10.

Average Player Salary - ANSWER-means, with respect to any Salary Cap Year, Total
Salaries (plus any amounts paid by the NBA for such Salary Cap Year pursuant to
Article VII, Section 2(b)) divided by an amount equal to the product of the number of
Teams in the NBA (other than Expansion Teams during their first two (2) Salary Cap
Years) multiplied by 13.2.

Base Compensation - ANSWER-means the component of Compensation other than
bonuses of any kind.

Basketball Related Income" or "BRI" - ANSWER-means basketball related income as
defined in Article VII, Section 1(a) and (b).

"Benefits" or "Total Benefits - ANSWER-means the sum of all amounts paid or to be
paid on an accrual basis during any Salary Cap Year by the NBA or NBA Teams, other
than Expansion Teams during their first two Salary Cap Years, for the specific benefits
set forth in Article IV.

Commissioner - ANSWER-means the Commissioner of the NBA.

Compensation - ANSWER-means the compensation that is or could be
earned by, or is paid or payable to, an NBA player (including players
whose Player Contracts have been terminated) in accordance with a Player Contract
(whether such payment is sent to the player directly or to a person or entity designated
by a player).

Contract - ANSWER-(see "Uniform Player Contract")

Current Base Compensation - ANSWER-means the component of Base
Compensation other than Deferred Base Compensation.

, Current Compensation - ANSWER-means the component of Compensation other than
Deferred Compensation.

Deferred Base Compensation - ANSWER-means the component of Deferred
Compensation other than bonuses of any kind.

Deferred Compensation - ANSWER-means the component of Compensation for a
Season that is payable to a player during the period commencing after the May 1
following such Season, in accordance with the rules set forth in Article VII. The
determination of whether Compensation is Deferred Compensation will be based upon
the time set by the Player Contract for the player to receive the Compensation, without
regard to whether the obligation is funded currently or secured in any fashion.

Designated Rookie Scale Player - ANSWER-means a player with whom a Team has,
pursuant to Article II, Section 7(d) and Article VII, Section 7(b), entered into a
Designated Player Rookie Scale Extension. A Team may at any point in time, in respect
of any current or future Salary Cap Year, have Salary included in its Team Salary in
respect of a maximum of two (2) Designated Rookie Scale Players, provided that not
more than one (1) of such Designated Rookie Scale Players may have been acquired
by the Team by assignment. For purposes of the preceding sentence, if Salary in
respect of a terminated Designated Rookie Scale Player Extension is stretched for
Salary Cap purposes in accordance with Article VII, Section 7(d)(6), the Salary in
respect of such terminated player's Extension will not count towards the maximum of
two (2) Designated Rookie Scale Players for any Salary Cap Year that was not covered
by the term of the Extension.

Designated Rookie Scale Player Extension - ANSWER-means an Extension of a
Rookie Scale Contract entered into between a Team and its
Designated Rookie Scale Player that covers six (6) Seasons from the date the
Extension is signed and provides for Salary for the first Salary Cap Year covered by the
extended term equal to the player's applicable Maximum Annual Salary under Article II,
Section 7 (or, in the case of a First Round Pick who has satisfied or may satisfy the 5th
Year 30% Max Criteria (as set forth in Article II, Section 7(a)(i)), provides for Salary for
the first Salary Cap Year equal to twenty-five percent (25%) or thirty percent (30%) (or
such other percentage between 25% and 30% as agreed upon by the Team and the
player) of the Salary Cap in effect during the first Season of the extended term), with
annual increases in Salary for each Salary Cap Year following the first Salary Cap Year
of the extended term equal to eight percent (8%) of the Salary for the first Salary Cap
Year covered by the extended term.

Designated Veteran Player - ANSWER-means a player with whom a Team has,
pursuant to Article II, Sections 7(a)(ii) or 7(e) and Article VII, Section 7(a), entered into
either a Designated Veteran Player Extension or Designated Veteran Player Contract. A
Team may at any point in time, in respect of any current or future Salary Cap Year,
have Salary included in its Team Salary in respect of a maximum of two (2) Designated
Veteran Players. For purposes of the preceding sentence, if Salary in respect of a

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