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
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
