Nba Agent Exam Actual 195 Questions And 100

Nba Agent Exam (Actual / ) 195 Questions And 100% Verified Answers

The NBA shall not approve any Player Contract between a Player and a Team unless such Player is.....is represented in the negotiations by an Agent

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

$50,000

What exception is used to sign first round draft picks ?Rookie Exceptions

What must required tender for second round draft picks be ?At least MINIMUM salary

Teams must use what to sign Second round draft picks ?Cap room or exceptions

• / 4

Second round draft picks do not have a cap hold until when ?Until they are signed

TRUE or FALSE If a second round draft pick is waived, the team they were signed to are the only ones that can sign them to a Two Way contract that season TRUE

For Agents with 0-9 players are required to pay ?

$2,500

For Agents with 10-19 players are required to pay ?

$5,000

TRUE OR FALSE

If a player is waived between July 1 - August 31, the initial year is not stretched.

FALSE

• / 4

What is the Initial Year Payment Schedule, Can the Subsequent Years be Stretched, and what Subsequent Year Payment Schedulei is used for a player waived between July 1st - August 31st?

Initial Year Payment Schedule: Original Contract

Subsequent Years Stretched: Yes

Subsequent Year Payment Schedule: Paragraph 3 unless

otherwise specified

TRUE OR FALSE

Players waived between Sept 1 - June 30 CANNOT get their initial year stretched.

TRUE

For players waived Sept 1st - June 30th the Initial Year Payment Schedule and Subsequent Year Payment Schedule can be found where?Paragraph 3 unless otherwise specified

What is Salary Cap?It is referred to as room in CBA . Room is the amount of money available for a team to sign new players...Ex. free agents

• / 4

What is a cap hold?a placeholder in the salary cap total for specific instances. Ex.draft picks.

TRUE OR FALSE

If a team is above salary cap they are required to use exceptions in order to sign new players.

TRUE

What is Tax aka Luxury Tax?A penalty fee placed on teams that operate outside of the Tax level

Tax level is determined by using what calculation?

53.5 % of BRI ( Basketball Related Income ) minus projected benefits divided by # of NBA Teams

TRUE OR FALSE

hard cap cannot be exceeded for any reason.TRUE

• / 4