NBA CBA CORRECT 100%
1970 - ANSWERYear first NBA CBA established
BRI - ANSWERBasketball Related Income-47% makes up salary cap for league year
League Year - ANSWERJuly 1-June 30th
Larry Bird Exception - ANSWERAllows a team to re-sign their own free agents, and
can pay them more than anyone else. Player has to be on the same team for 3
years.
Early Bird Exception - ANSWERLike Bird Exception, but only requires two years.
Teams can renounce these rights.
Non-Bird Exception - ANSWERNon-Qualifying Veteran Free Agents, Players who
finished the season with a given team, who have played no more than one season
without clearing waivers or changing teams as a free agent.
Players who were Early Bird free agents, but whose
Salary Cap - ANSWERa maximum amount that a team can spend on players'
salaries, determined by BRI NBA soft cap means you can go over using exceptions
Exception - ANSWERContract that allows a team to go over the salary cap
Luxury Tax - ANSWERDevice used to tax the teams that spend the most on player
payroll; those taxes are then shared with teams that do not have high payrolls
team renounced its right to use the Early Bird exception to re-sign the player.
Players who were to be Larry Bird or Early Bird free agents, were playing on one-
year contracts, and were traded mid-season.
Non Taxpayer Mid Level Exception - ANSWERTeam can sign player(s) using this
money if they are below the apron
Room Mid-Level Exception - ANSWERTeam can use if they have salary cap room.
This exception cannot be used if the team already has used the Bi-Annual, Non-
Taxpayer Mid-Level or Taxpayer Mid-Level exception.
Generally Recognized League Honors - ANSWERMVP, Finals MVP, All-NBA, All-
Defense, Most Improved Player, DPOY
Designated Rookie Extension - ANSWERA rookie can be chosen by their team to
receive an extension to 6 years, and a 25% max
Minimum Contracts - ANSWERIncrease as tenure increases, but counts against the
cap only for the amount of a 2nd year player to incentivize teams to sign vets
1970 - ANSWERYear first NBA CBA established
BRI - ANSWERBasketball Related Income-47% makes up salary cap for league year
League Year - ANSWERJuly 1-June 30th
Larry Bird Exception - ANSWERAllows a team to re-sign their own free agents, and
can pay them more than anyone else. Player has to be on the same team for 3
years.
Early Bird Exception - ANSWERLike Bird Exception, but only requires two years.
Teams can renounce these rights.
Non-Bird Exception - ANSWERNon-Qualifying Veteran Free Agents, Players who
finished the season with a given team, who have played no more than one season
without clearing waivers or changing teams as a free agent.
Players who were Early Bird free agents, but whose
Salary Cap - ANSWERa maximum amount that a team can spend on players'
salaries, determined by BRI NBA soft cap means you can go over using exceptions
Exception - ANSWERContract that allows a team to go over the salary cap
Luxury Tax - ANSWERDevice used to tax the teams that spend the most on player
payroll; those taxes are then shared with teams that do not have high payrolls
team renounced its right to use the Early Bird exception to re-sign the player.
Players who were to be Larry Bird or Early Bird free agents, were playing on one-
year contracts, and were traded mid-season.
Non Taxpayer Mid Level Exception - ANSWERTeam can sign player(s) using this
money if they are below the apron
Room Mid-Level Exception - ANSWERTeam can use if they have salary cap room.
This exception cannot be used if the team already has used the Bi-Annual, Non-
Taxpayer Mid-Level or Taxpayer Mid-Level exception.
Generally Recognized League Honors - ANSWERMVP, Finals MVP, All-NBA, All-
Defense, Most Improved Player, DPOY
Designated Rookie Extension - ANSWERA rookie can be chosen by their team to
receive an extension to 6 years, and a 25% max
Minimum Contracts - ANSWERIncrease as tenure increases, but counts against the
cap only for the amount of a 2nd year player to incentivize teams to sign vets
