ANSWERED!!
Salary cap - ANSWERlimit on the amount teams can spend on player contracts
Collective Bargaining Agreement (CBA) - ANSWERlegal 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 - ANSWER1. Salary cap information
2. Minimum & maximum salaries
3. Draft procedures
4. Rules for trades
Basketball Related Income (BRI) - ANSWERIncludes 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 - ANSWER1. Ticket sales
2. Concession sales
3. Parking
4. Broadcast rights
Examples of what is NOT included in BRI - ANSWER1. Fines
2. Interest income
3. Sale of assets
4. Revenue sharing
How is the salary cap set each year? (If the league and NBPA agree on amount of
BRI) - ANSWER% of BRI / # of teams in the league
Soft cap - ANSWERtype of salary cap that can be exceeded in certain
circumstances to allow teams to retain their own players
Hard cap - ANSWERtype of salary cap that cannot be exceeded for any reason